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eResearchTechnology Reports Third Quarter 2008 Results
Date:10/30/2008

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Investing activities:

Purchases of property and equipment (10,066) (6,966)

Purchases of investments (50,108) -

Proceeds from sales of investments 48,617 8,747

Payments for acquisition - (4,964)

Net cash used in

investing activities (11,557) (3,183)

Financing activities:

Repayment of capital lease obligations (1,962) (1,085)

Proceeds from exercise of stock options 1,600 1,502

Stock option income tax benefit 628 839

Net cash provided by

financing activities 266 1,256

Effect of exchange rate changes on cash 269 (610)

Net increase in cash and cash equivalents 11,701 24,244

Cash and cash equivalents, beginning

of period 15,497 38,082

Cash and cash equivalents, end of period $27,198 $62,326


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SOURCE eResearchTechnology, Inc.
Copyright©2008 PR Newswire.
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Related biology technology :

1. eResearchTechnology to Present at the Thomas Weisel Healthcare Conference 2007 on September 5th
2. eResearchTechnology to Present at the UBS Global Healthcare Services Conference 2008 on February 11th
3. eResearchTechnology, Inc. to Announce 2007 Fourth Quarter Results on February 26, 2008
4. eResearchTechnology Reports Fourth Quarter and Full Year 2007 Results
5. eResearchTechnology, Inc. and nSpire Health, Inc. Form Alliance to Deliver Integrated Cardiac Safety and Pulmonary Clinical Trial Services
6. eResearchTechnology, Inc. to Announce 2008 First Quarter Results on May 5, 2008
7. eResearchTechnology to Present at the Deutsche Bank 33rd Annual Healthcare Conference on May 7th 2008
8. eResearchTechnology Reports First Quarter 2008 Results
9. eResearchTechnology Announces Resignation of its CFO
10. eResearchTechnology to Present at the FBR 12th Annual Spring Investor Conference on May 28th 2008
11. eResearchTechnology Names New Chief Financial Officer
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