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

2007 2006

Net revenues $214,163 $170,260 $796,659 $631,620

Reimbursable out-of-pockets 53,834 41,548 180,641 134,625

Total revenues 267,997 211,808 977,300 766,245

Operating expenses:

Cost of services 126,631 110,512 498,106 410,184

Reimbursed out-of-pocket

expenses 54,677 42,161 183,456 136,565

Selling, general and

administrative expenses 54,400 40,609 200,945 141,418

Total operating expenses 235,708 193,282 882,507 688,167

Operating income 32,289 18,526 94,793 78,078

Interest expense (6,696) (3,607) (20,717) (11,361)

Interest income 971 914 3,039 2,694

Income from continuing

operations before income tax

provision, minority interest

in income of subsidiary and

income from equity

investments 26,564 15,833 77,115 69,411

Income tax provision (10,831) (6,561) (29,401) (19,166)

Income from continuing

operations before minority

interest in income of

subsidiary and income from

equity investments 15,733 9,272 47,714 50,245

Minority interest in income

of subsidiary (335) (302) (1,070) (1,207)

Income from equity

investments 144 27 582 160

Income from continuing 15,542 8,997 47,226 49,198

operations

Income from discontinued

operations:

(Losses) gains on disposals

of discontinued operations,

net of taxes (9) 768 258 2,037

(Loss) income from

discontinued operations (9) 768 258 2,037


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

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