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Revenues flat in the quarter
October 31, 2013
By: Tim Wright
Quintiles 3Q Revenues: $1.2 billion (flat) 3Q Earnings: $66.6 million (+28%) YTD Revenues: $3.7 billion (+4%) YTD Earnings: $154.7 million (+8%) Comments: Net new business wins were $1.3 billion in the quarter, up 29% with a backlog of $9.6 billion at September 30, 2013. Product Development revenues were $714.2 million, up 5%. Integrated Healthcare Services revenues were $218.5 million, down 8%.
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