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PAREXEL Reports First Quarter Fiscal Year 2008 Financial Results

sclaims any obligation to update these forward-looking statements in the future. These forward-looking statements should not be relied upon as representing the Company's estimates or views as of any date subsequent to the date of this press release.

PAREXEL is a registered trademark of PAREXEL International Corporation, and Perceptive Informatics is a trademark of Perceptive Informatics, Inc. All other names or marks may be registered trademarks or trademarks of their respective business and are hereby acknowledged.


James Winschel, Senior Vice-President and Chief Financial Officer

Jill Baker, Vice President of Investor Relations

(781) 434-4118

PAREXEL International Corporation

Consolidated Condensed Statement of Operations

(In thousands, except per share data)


For the three months ended September 30,

2007 2006

Service revenue $208,125 $165,057

Reimbursement revenue 43,907 38,450

Total revenue 252,032 203,507

Costs and expenses:

Direct costs 136,062 108,488 (b)

Reimbursable out-of-pocket

expenses 43,907 38,450

Selling, general and

administrative 47,140 38,772 (b)

Depreciation 7,496 6,143

Amortization 899 407

Restructuring benefit - (74)

Income from operations 16,528 11,321

Other inco

SOURCE PAREXEL International Corporation
Copyright©2007 PR Newswire.
All rights reserved

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