Navigation Links
Covance Reports Fourth Quarter Revenue of $492 Million, GAAP EPS of $0.45, and Pro Forma EPS of $0.56
Date:1/26/2011

s, and other factors described in the Company's filings with the Securities and Exchange Commission including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.  The Company undertakes no duty to update any forward looking statement to conform the statement to actual results or changes in the Company's expectations.

Financial Exhibits Follow

COVANCE INC.CONSOLIDATED INCOME STATEMENTSFOR THE THREE MONTHS AND YEARS ENDED DECEMBER 31, 2010 AND 2009(Dollars in thousands, except per share data)Three Months Ended December 31Years Ended December 312010200920102009(UNAUDITED)Net revenues$
491,513$
485,065$ 1,925,630$ 1,867,634Reimbursable out-of-pocket expenses27,94222,263112,84394,992Total revenues519,455507,3282,038,4731,962,626Costs and expenses:  Cost of revenue346,924337,8961,348,4981,277,142  Reimbursable out-of-pocket expenses27,94222,263112,84394,992  Selling, general and administrative89,81067,544307,386270,593  Depreciation and amortization25,91924,753103,02491,289  Asset impairment charges--119,229-Total costs and expenses490,595(a)

452,4561,990,980(b)

1,734,016Income from operations28,860(a)

54,87247,493(b)

228,610Other expense (income), net:  Interest expense (income), net430(57)52201  Foreign exchange transaction loss, net1,0543533,649245  Gain on sale of businesses---(9,681)Other expense (income), net1,4842963,701(9,235)(c)Income before taxes and equity investee earnings27,376(a)

54,57643,792(b)

237,845(c)Tax (benefit) expense (1,121)(a)

13,820(23,655)(b)

62,870(c)Equity investee (loss) earnings(119)779807907Net income $
28,378(a)

$
41,535$
8,254(b)

$
75,882(c)Basic earnings per share$
.46(a)

$
.65$
.08(b)

$
2.76(c)Weighted average shares outstanding - basic61,390,96563,968,68263,043,56163,818,717Diluted earnings per share$
.45(
'/>"/>

SOURCE Covance Inc.
Copyright©2010 PR Newswire.
All rights reserved

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

Related medicine technology :

1. Covance Announces Integrated Radiolabeled Clinical Pharmacology Studies
2. Covance Receives Highest Level of Phase I Accreditation
3. Covance Inc. Invites You to Join the Webcast of Its Fourth Quarter 2009 Financial Results Conference Call
4. Covance to Present at the 28th Annual J.P. Morgan Healthcare Conference
5. Rules-Based Medicine Forms Biomarker Alliance With Covance Inc.
6. Covance Enters Into a Biomarker Alliance With Rules-Based Medicine, Inc.
7. Covance to Present at Piper Jaffray 21st Annual Health Care Conference
8. Covance To Present At The 20th Annual Global Healthcare Services Conference
9. Covance To Present at the Deutsche Bank 35th Annual Health Care Conference
10. Covance to Present at Goldman Sachs 31st Annual Global Healthcare Conference
11. Covance to Present at William Blair & Companys 30th Annual Growth Stock Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/19/2014)... -- Henry Schein, Inc. (NASDAQ: HSIC ), the ... to office-based dental, animal health and medical practitioners, announced ... Inc., a leading full-service provider of dental consumables, implants ... into Japan , the world,s 2 ... the number of countries in which the Company operates. ...
(Date:10/18/2014)... 18, 2014  In a policy paper ... the nation,s largest lesbian, gay, bisexual and transgender ... of Truvada for Pre-Exposure Prophylaxis (PrEP). PrEP is ... prevent the spread of a disease or infection ... name anti-HIV drug combination currently approved for PrEP, ...
(Date:10/17/2014)... 17, 2014  Training market researchers to spot ... factor in today,s highly competitive global marketplace. As ... that effectively and efficiently produce high performing analysts, ... Effective training programs can help ... from internal clients by developing analysts who can ...
Breaking Medicine Technology:Henry Schein Enters Japan With Investment in Iwase Dental Supply 2Henry Schein Enters Japan With Investment in Iwase Dental Supply 3Henry Schein Enters Japan With Investment in Iwase Dental Supply 4Henry Schein Enters Japan With Investment in Iwase Dental Supply 5HRC Endorses PrEP, Calls for Bold Action to Expand Access to Anti-HIV Drug 2HRC Endorses PrEP, Calls for Bold Action to Expand Access to Anti-HIV Drug 3Effective Training Programs for Market Research Groups can Boost Overall Organizational Success 2
... LLC today announced the appointment of Erica L. Mann as ... business based in Morristown, NJ, USA, with operations in more ... million.  Ms. Mann also becomes a member of the Bayer ... 14, 2011. Ms. Mann most recently served as ...
... NEW YORK, Feb. 22, 2011 Reportlinker.com announces ... in its catalogue: North American ... This research covers the state ... and restraints for growth, key trends, and end-user ...
Cached Medicine Technology:Erica L. Mann, Former Pfizer Executive, Appointed New President of Bayer HealthCare's Global Consumer Care Division 2Erica L. Mann, Former Pfizer Executive, Appointed New President of Bayer HealthCare's Global Consumer Care Division 3
(Date:10/20/2014)... (PRWEB) October 20, 2014 Based ... are the only imaging assays capable of determining ... single test.  With these three dimensions of high-resolution ... to detect the widest range of disease-causing genetic ... missed by other genomic tools, including today’s advanced ...
(Date:10/20/2014)... Aliso Viejo, California (PRWEB) October 20, 2014 ... have announced the release of the Citrus theme for ... words I would use to describe the Citrus theme” Says ... been so easy to look so professional.” , Citrus comes ... . Included with the template are: four transitions for added ...
(Date:10/20/2014)... October 20, 2014 It’s hard to imagine ... orphans and vulnerable children around the world, it’s a reality. ... people, many children are forced to walk barefoot on rocky ... families or play with their friends. , Buckner International's ... Air1 Radio in October to encourage support for ...
(Date:10/20/2014)... Texas (PRWEB) October 20, 2014 Houston ... to present the key elements of his innovative ... professor to plastic surgery residents and faculty at ... , where he, too, was once a medical student. ... the largest private cosmetic plastic surgery practices in Texas, ...
(Date:10/19/2014)... Hastings and Hastings, a Phoenix personal injury law ... greater Phoenix area and across Arizona reports record demand ... automobile accidents. Statistics have indicated a steady increase in ... such, Hastings and Hastings has seen a steady increase ... have been injured through no fault of their own ...
Breaking Medicine News(10 mins):Health News:KromaTiD Launches Genome Screening and Discovery Services 2Health News:KromaTiD Launches Genome Screening and Discovery Services 3Health News:Today Pixel Film Studios Announced the Release of the Citrus theme for Final Cut Pro X 2Health News:Buckner Shoes for Orphan Souls® Garners Support from Air1 Radio 2Health News:Buckner Shoes for Orphan Souls® Garners Support from Air1 Radio 3Health News:Plastic Surgeon Patronella Presents Artistically-Inspired Tummy Tuck Method to Future Generation of Plastic Surgeons in Texas 2Health News:Hastings And Hastings Reports Record Demand In 2014 For Legal Representation With Regard To Catastrophic Automobile Accidents 2Health News:Hastings And Hastings Reports Record Demand In 2014 For Legal Representation With Regard To Catastrophic Automobile Accidents 3
... an evening news program without hearing about an out-of-control ... how safe and comfortable is the clothing ... fires? Researchers at North Carolina State University are working ... gear worn by wildland firefighters to protect against ...
... bovine tuberculosis (TB) outbreaks increases the risk of infection in ... by researchers at the Medical Research Council Centre for Outbreak ... in the Royal Society journal Biology Letters . ... to license farmers to organise the widespread culling of badgers ...
... are at war and both the conflict and aftermath have ... published in BioMed Central,s open access journal Conflict and ... access to family planning, these services are often not available ... further deprivation and unintended pregnancy. It is often the ...
... by a U-M neurologist, better understanding of the anatomy of ... iPhone. Nerve Whiz is a free application for medical ... plexuses, and peripheral nerves. It can work on Apple personal ... be available for Android devices. The application goes beyond ...
... 12 (HealthDay News) -- Scorching heat and oppressive humidity continued ... exceeding 90 degrees -- and in some cases 100 degrees ... wave is prompting doctors to warn that high temperatures can ... "The body has ways of keeping itself cool, by ...
... a traditional Chinese herbal remedy might help treat deadly ... at the Ohio State University Comprehensive Cancer Center ... Research Institute (OSUCCC James)., The researchers discovered that ... cells, preventing their spread to other areas of the ...
Cached Medicine News:Health News:Research hopes to improve suits for fighting wildfires 2Health News:Localized reactive badger culling raises bovine tuberculosis risk, new analysis confirms 2Health News:Family planning in conflict 2Health News:An app for your brain: new educational tool developed by U-M doctor 2Health News:Soaring Temps Can Pose Serious Health Risks 2Health News:Soaring Temps Can Pose Serious Health Risks 3Health News:Indirubin -- Component Of Chinese herbal remedy might block brain tumor's spread 2
Used for dilation of a tract to the kidney for removal of stones. Supplied sterile in peel-open packages. Intended for one-time use....
... via the pelvic nerves has proven to ... incontinence. Through the use of mild electrical ... can be strengthened to encourage urinary control ... to its patients as a tool to ...
... High Dose Rate (HDR) treatment system includes ... Sandwich. Using the Template, simply load ... the Template, suture the Sandwich to the ... the needles in place for the duration ...
... The Prostate Stepper Template Set is the ... dose seed implantation technique. The template set ... that can be sutured to the patient ... with variable ultrasound Grid Face Plates. The ...
Medicine Products: