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inVentiv Health Reports Record Financial Results for Fourth Quarter and Full Year 2007
Date:2/28/2008

Reconfirms Revenue and Earnings Guidance for 2008 - Total Revenues Up 28% to $977.3mm for Full Year; Up 27% to $268.0mm for

Fourth Quarter - Adjusted EPS (incl. Stock Compensation) Up 16% to $1.59 for Full Year (GAAP EPS down 11% to $1.46); Up 27% to $0.47 for Fourth Quarter (GAAP EPS

up 62% to $0.47) - Continuing New Win Momentum and Pipeline Strengthening Across Segments - Reconfirming 2008 Revenue Guidance of $1.05 - $1.15 billion and Adjusted

EPS Guidance of $1.80 - $1.90 including Stock Compensation (GAAP EPS

Guidance of $1.78 - $1.88) See note (1) below for an explanation of all non-GAAP financial measures.

All segment information is presented on a comparable basis as if the

Company had operated with four segments since inception.

SOMERSET, N.J., Feb. 28 /PRNewswire-FirstCall/ -- inVentiv Health, Inc. (Nasdaq: VTIV), a leading provider of commercialization services to the global pharmaceutical and healthcare industries, today announced record financial results for the fourth quarter and full year 2007.

Fourth Quarter 2007 Results from Continuing Operations:

-- Total revenues increased 27% to $268.0 million for the fourth quarter

of 2007, compared to $211.8 million for the fourth quarter of 2006.

Net revenues increased 26% to $214.2 million, compared to $170.3

million for the fourth quarter of 2006.

-- Adjusted operating income increased 43% to $31.5 million for the fourth

quarter of 2007, compared to $22.0 million for the fourth quarter of

2006. GAAP operating income increased 75% to $32.3 million for the

fourth qua
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SOURCE inVentiv Health, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related medicine news :

1. inVentiv Health Ranked #17 by Training Magazine in its 2008 List of Top 125 Training Companies
2. inVentiv Health to Announce Fourth Quarter and Full Year 2007 Results and Conduct Conference Call on Thursday, February 28th
3. inVentiv Health Provides Updated Information on December 11th Investor Day
4. inVentiv Health Creates Client Development and Integration Team
5. inVentiv Health to Present at the 2007 Credit Suisse Healthcare Conference
6. inVentiv Health Launches Fourth Business Segment: inVentiv Patient Outcomes
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10. Former Blue Cross/Blue Shield Account Manager Sentenced for Health Care Fraud Scheme, Tax Evasion
11. UCLA launches network to study health care disparities affecting minorities

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