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Article: Kendle Reports Record Net Service Revenues and New Business Awards for Second Quarter 2005.
- Article from:
- PR Newswire
- Article date:
- July 28, 2005
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- Second quarter net service revenues of $50.0 million represent a 21% increase over second quarter 2004
- Operating income of approximately $3.7 million significantly improved from less than $300,000 in second quarter 2004
- Record new business awards of $80 million represent a 38% improvement from the same quarter a year ago
- Total business authorizations of $273 million are an all-time Company high, up 33% from second quarter 2004
- Operating margin of 7.3% up from 6.0% in first quarter 2005
CINCINNATI, July 28 /PRNewswire-FirstCall/ -- Kendle , a leading, global full-service clinical research organization, today reported ...