Article: PPD Reports Third Quarter 2009 Financial Results; Updates 2009 Financial Guidance.(Company overview)(Financial report)

PPD, Inc. (Nasdaq: PPDI) reported its financial and operating results for the third quarter ended September 30, 2009 (see also PPD, Inc.).

PPD recorded net revenue of $341.1 million for the third quarter of 2009, compared to $394.1 million for the third quarter of 2008. Third quarter 2009 income from operations was $46.9 million, compared to $69.9 million for the same period in 2008. Third quarter 2009 diluted earnings per share were $0.32, compared to $0.43 for the same period last year. Segment Performance Development segment net revenue for the third quarter of 2009 was $315.8 million, compared to $358.7 million for the third quarter of 2008. Development ...

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