Navigation Links
Covance Reports Fourth Quarter Revenue of $532M, GAAP EPS of $0.35, Pro Forma EPS of $0.73, and Adjusted Net Orders of $759M
Date:1/25/2012

income tax items totaling $2,469 during the year ended December 31, 2011.(d) Includes, as applicable, $18,362 in restructuring costs ($13,688 net of tax) and $6,946 in favorable income tax items during the three months ended December 31, 2010. (e) Includes, as applicable, asset impairment charges ($119,229) and restructuring costs ($18,362) totaling $137,591 ($87,610 net of tax) and favorable income tax items totaling $17,298 during the year ended December 31, 2010. Excluding the impact of restructuring charges, inventory write-down and related charges, the asset impairment charges, the impairment of equity investment and favorable income tax items:Income from operations$
57,905$
47,222$
215,285$
85,084Taxes on income$
2,804$
,499$
47,502$
43,624Net income $
44,581$
35,120$
5,036$
38,566Basic earnings per share$
.75$
.57$
2.77$
2.20Diluted earnings per share$
.73$
.56$
2.70$
2.15COVANCE INC.CONSOLIDATED BALANCE SHEETSDECEMBER 31, 2011 and DECEMBER 31, 2010(Dollars in thousands)December 31December 3120112010ASSETSCurrent Assets:Cash & cash equivalents$
389,103$
377,223Accounts receivable, net312,127261,160Unbilled services114,09590,729Inventory74,69882,924Deferred income taxes52,07835,648Prepaid expenses and other current assets144,80998,127Total Current Assets1,086,910945,811Property and equipment, net849,551843,983Goodwill, net127,779127,653Other assets43,76848,095Total Assets$
2,108,008$
,965,542LIABILITIES and STOCKHOLDERS' EQUITYCurrent Liabilities:Accounts payable$
36,393$
34,079Accrued payroll and benefits142,229107,572Accrued expenses and other current liabilities119,30897,395Unearned revenue202,210186,301Short-term debt and current portion of long-term debt30,00045,000Income taxes payable6,88928,827Total Current Liabilities537,029499,174Long-term debt-87,500Deferred income taxes42,29530,531Other liabilities70,88968,516Total Liabilities650,213685,721Stockholders' Equity:Common
'/>"/>
SOURCE Covance Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Related biology technology :

1. Covance Decides to Pursue Its Original Preclinical Strategy in China
2. Covance and Lilly Finalize 10-Year, $1.6 Billion Strategic R&D Collaboration
3. Covance Purchases Equity Stake in Caprion Proteomics
4. Covance Increases Early Clinical Footprint in Europe with Acquisition of Swiss-Based Early Clinical Development Site
5. Jina Ventures Advises Swiss Pharma Contract on Strategic Sale to Covance Inc
6. Covance Opens New Clinical Development Offices in Chile, Peru and Expands Argentina Office
7. Covance Reports First Quarter Revenue of $441M and EPS of $0.63; Updates Full Year Financial Targets
8. Covance Elects John McCartney to Companys Board of Directors
9. Covance to Present at the Drug Information Associations 45th Annual Meeting
10. Covance Appoints Dr. Steven M. Michael as Vice President and Chief Scientific Officer of Global Bioanalytical Services
11. Covance to Sell Its Interactive Voice and Web Response Services and Enter Into a Multi-Year Marketing Agreement with Phase Forward
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/22/2014)... Dec. 22, 2014  ( www.competitivehealth.com ) — Competitive ... medical bill review and advocacy service, has signed an ... WellCard Savings discount health services marketplace. 63% ... more than they expected to pay. As part of ... costs, WellCard Savings is pleased to offer medical bill ...
(Date:12/22/2014)... 22, 2014 Fertility Associates of Memphis ... Bank USA , a network of more than 20 ... partnership, patients have fast access to a national pool ... IVF . Fertility Associates of Memphis is the only ... treatment option. , Dr. William Kutteh , director ...
(Date:12/19/2014)... BioPlus Specialty Pharmacy (BioPlus), one ... of Nick Maroulis, Pharm.D. to the newly created position ... In this position, Dr. Maroulis will continue to manage ... of our multi-site pharmacies as the company expands. Dr. ... that time he has served in many different capacities ...
(Date:12/19/2014)... Dec. 19, 2014 Bina Technologies, Inc. (Bina, ... that they have been acquired by Roche (SIX: RO, ... privately held company that provides a big data platform ... (NGS) data for the academic and translational research markets. ... and will continue to focus on development of their ...
Breaking Biology Technology:WellCard Savings Announces CoPatient Medical Bill Review Service for Members 2Fertility Associates of Memphis Announces Partnership with Donor Egg Bank USA 2Fertility Associates of Memphis Announces Partnership with Donor Egg Bank USA 3BioPlus Specialty Pharmacy Promotes Dr. Nick Maroulis to Vice President of Specialty Pharmacy Services 2Bina Technologies is acquired by Roche. 2Bina Technologies is acquired by Roche. 3
... 4, 2011 Radient Pharmaceuticals Corporation (OTCQX:RXPC) (OTCPK:RXPC), a ... (IVD) cancer tests, today announced that all six proxy ... The Company,s proxy statement was filed with ... is available at www.sec.gov and on the ...
... N.C., Nov. 4, 2011 NeuroCog Trials, Inc. today ... the position of Chief Operating Officer.  In this newly ... continued growth and expansion of NeuroCog Trials, business, research ... research and development for pro-cognitive therapies across a wide ...
... 4, 2011 Major milestone achieved in ... of patients with refractory ascites due to liver cirrhosis. ... and Vienna General Hospital (AKH Wien) reported that the ... were performed at Vienna General Hospital in October, under ...
Cached Biology Technology:Radient Pharmaceuticals Announces Proxy Resolutions Approved at Special Meeting of Stockholders 2NeuroCog Trials Appoints Industry Executive Michael Hufford, Ph.D. to Chief Operating Officer 2The Medical University of Vienna and Vienna General Hospital Perform the First two Commercial Implants Worldwide of Sequana Medical's ALFApumpĀ® System 2
(Date:12/3/2014)... , Dec. 2, 2014   Marvin Test ... innovative test solutions for military, aerospace, and manufacturing ... of its successful TS-900 PXI semiconductor test ... features of high-end systems to customers at a ... compared to traditional ATE. "Our ...
(Date:11/21/2014)... -- Earlier this year Donald Spector , Chairman of ... the most prolific inventors in the world, got a ... to third party agencies. Spector envisioned this technology even ... earliest known patents in this area. Now major technology ... care, elder care and hospital applications. This technology has ...
(Date:11/21/2014)... JOSE, Calif. , Nov. 20, 2014   ... global leader in microcontroller (MCU) and touch technology solutions, ... digital temperature sensors with the widest V cc ... delivers higher temperature accuracy and faster I 2 C ... registers and serial EEPROM memory making them ideal for ...
Breaking Biology News(10 mins):Marvin Test Solutions Brings New Capabilities to PXI-Based Semiconductor Test with TS-960 2Marvin Test Solutions Brings New Capabilities to PXI-Based Semiconductor Test with TS-960 3Patented Biosensor Wearable Technology Provides a More Civilized Method of Quarantine 2Patented Biosensor Wearable Technology Provides a More Civilized Method of Quarantine 3Patented Biosensor Wearable Technology Provides a More Civilized Method of Quarantine 4Atmel Launches Industry's First Wide-V(cc) Low-Power Temperature Sensor Family 2Atmel Launches Industry's First Wide-V(cc) Low-Power Temperature Sensor Family 3Atmel Launches Industry's First Wide-V(cc) Low-Power Temperature Sensor Family 4
... Engineering established to be a world leading centre in ... Excellence (RCE) supported by NRF and MOE, bringing the ... 2007 , , 1. The National Research Foundation (NRF) and ... support for a Research Centre of Excellence (RCE) called ...
... of reports, the ACSS has collected a number of stories ... that will improve everyone,s wellbeing. The impact of social science ... re-employment to healthy diets and the wellbeing of children. ... will present her research on the value of fathers and ...
... 10, 2010) The American Psychiatric Association today released ... of Diagnostic and Statistical Manual of Mental Disorders (DSM). ... consideration for DSM, which is the standard classification of ... professionals, and is used for diagnostic and research purposes. ...
Cached Biology News:NTU sets up centre on micro-organism research for environmental engineering and sustainability 2NTU sets up centre on micro-organism research for environmental engineering and sustainability 3NTU sets up centre on micro-organism research for environmental engineering and sustainability 4APA announces draft diagnostic criteria for DSM-5 2APA announces draft diagnostic criteria for DSM-5 3APA announces draft diagnostic criteria for DSM-5 4APA announces draft diagnostic criteria for DSM-5 5
... The lyophilization stabilizer is designed ... process and for long-term storage. ... toxic ingredients. It is a ... pH 7.2, and is superior to ...
... coating stabilizer is designed for stabilizing ... and antibodies for immunoassay development. ... during the coating and drying process ... It can also works as a ...
... Clinical is Tecans open platform for clinical ... safety and performance in the clinical diagnostic ... by flexible barcode reading and sample traceability ... the system complies with the IVD-Directive* established ...
... the smallest thermal cyclers on the market, which ... 0.5ml (20 samples) or 0.2ml microtube (25 samples) ... and cooling rate of 3.6C/sec and 2.0C/sec respectively ... Fast track programming with new quick dial facility ...
Biology Products: