Navigation Links
PAREXEL Reports First Quarter Fiscal Year 2011 Financial Results
Date:11/1/2010

ons resulted in lower than anticipated revenue.  New business wins in the quarter were healthy, and we are pleased with the ongoing development of our strategic partnerships, and the sustained success of our product and service offering.  A notable highlight was our continued growth in the Asia/Pacific region, where we remain a market leader."

Mr. von Rickenbach continued, "A number of leading biopharmaceutical companies have made a fundamental shift in the way they work with us, and now more than ever, PAREXEL plays an important role in their success.  However, one of the characteristics of this new strategic partnership model appears to be that revenue runs off more slowly than has been typical with projects.  Additionally, in the first quarter we experienced an elevated level of project delays and cancellations, including two large projects which were cancelled by clients near the end of the quarter.  These factors have caused us to update our forward-looking financial guidance.  Given our recent new business wins, existing backlog, current proposal pipeline and prospects for additional partnership opportunities, however, we believe our outlook for the future remains very bright.  I feel that the foundation of our Company has never been stronger, and that we continue to be very well positioned to achieve future revenue and earnings per share growth in Fiscal Year 2011 and beyond."

During the first quarter of Fiscal Year 2011, the Company implemented a new project accounting and billing system, which caused delays in client billing.  As a consequence, the first quarter's days sales outstanding (DSO) increased to 82 days.  The issues with the new billing system have now been largely resolved, and the Company anticipates that DSO will be in the range of 55 days to 65 days at the end of December, with further decreases expected thereafter.

The Company issued forward-looking guidance for the second qua
'/>"/>

SOURCE PAREXEL International Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine technology :

1. PAREXEL Consulting Releases Annual Analysis of FDA New Drug Review Trends
2. PAREXEL International to Present at Oppenheimer Healthcare Conference and Morningstar Annual Stocks Forum
3. PAREXEL Opens New Office in Japan and Further Strengthens Leading Presence in Asia/Pacific Region
4. PAREXEL International to Present at William Blair Emerging Growth Stock Conference
5. PAREXEL Consulting Thought Leaders Provide Insights Into U.S. Biosimilar Development and Monoclonal Biosimilars in Two New White Papers
6. PAREXEL Announces Strategic Functional Service Provider Relationship with Eli Lilly and Company for Clinical Development in Asia/Pacific Region
7. PAREXEL Introduces Temperature Recording Solution for Study Drug Transportation, Bringing More Efficiency to Clinical Supply Chain
8. PAREXEL Expert To Lead Panel on Innovative Drug Development in Asia at Partnerships in Clinical Trials Asia Pacific Conference
9. PAREXEL Enhances Early Phase Cardiac Safety Capabilities Through Alliance With Mortara Instrument
10. PAREXEL Reports First Quarter Fiscal Year 2010 Financial Results
11. PAREXEL International to Present at William Blair Emerging Growth Stock Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/24/2014)... , Dec. 23, 2014 Echo Therapeutics, ... device company focused on skin permeation, continuous glucose ... Scott W. Hollander has been appointed Chief ... has more than 20 years of experience in ... and most recently served as Vice President, Business ...
(Date:12/24/2014)... , December 24, 2014 ... on Global Disposable Syringe Industry of 178 ... online business intelligence library. The ... Syringe Industry is a professional and deep ...  For overview analysis, the report introduces Disposable ...
(Date:12/24/2014)... , Dec. 23, 2014  Lockton Dunning Benefits, ... Lockton Companies, announced the addition of Vice President ... join Lockton Dunning,s Pharmacy Consulting team, Excelsior Solutions. ... relevant industry experience to the position.  Most recently, ... Sales at Diplomat Specialty Pharmacy, where she has ...
Breaking Medicine Technology:Echo Therapeutics Announces Scott W. Hollander as President & Chief Executive Officer 2Echo Therapeutics Announces Scott W. Hollander as President & Chief Executive Officer 3World Disposable Syringe Market 2014 Report: China and Regional Analysis 2World Disposable Syringe Market 2014 Report: China and Regional Analysis 3World Disposable Syringe Market 2014 Report: China and Regional Analysis 4World Disposable Syringe Market 2014 Report: China and Regional Analysis 5Kim Foerster Joins Lockton Companies 2
... , , , ROGERS, Minn. ... conclude the new ionator EXP™ and ionator HOM™ kill the ... virus with a product that simply ionizes tap water. Slightly ... HOM™ from Activeion Cleaning Solutions, are handheld, on-demand cleaning and ...
... NEWTON, Mass. , Jan. 13 Microfluidics ... ( Burlington, Ontario ) to be the exclusive distributor of ... majority of Canada . ATS, which recently celebrated its ... a portfolio of synergistic products, including HORIBA particle size analyzers. ...
Cached Medicine Technology:New ionator EXP(TM) and ionator HOM(TM) Kill Swine Flu Without Use of Chemicals 2New ionator EXP(TM) and ionator HOM(TM) Kill Swine Flu Without Use of Chemicals 3Microfluidics Enters into Exclusive Partnership with ATS Scientific to Expand Distribution in Canada 2Microfluidics Enters into Exclusive Partnership with ATS Scientific to Expand Distribution in Canada 3
(Date:12/26/2014)... December 26, 2014 Plugin and template developers ... Volume 5 Plugin for Final Cut Pro X. , “TransPack ... light tool to pull off an industry professional look” Said ... their hands on TransPack Volume 5, a new level of ... a set of over 50 Final Cut Pro X transitions ...
(Date:12/26/2014)... India Network Foundation, a non-profit US ... announced today a new version of “ EasySelect ”, ... right plan for their visiting parents. The technology tool ... selection process when choosing an insurance plan by showing ... a few clicks. Many elderly Asian Indian parents often ...
(Date:12/26/2014)... December 26, 2014 DW-InductionHeating.com (DaWei Induction ... designing, researching and developing, producing and marketing of a ... the business announces their new series of induction ... of the company, induction brazing refers to ... special filler material and heat. The manager says that ...
(Date:12/25/2014)... The microscopy market is estimated to ... $5,756.0 million by 2019. Optical microscopy is the ... microscopes product segment is expected to show the ... focus on nanotechnology, technological advancements, and increasing federal ... , Get Full Copy of Report @ ...
(Date:12/25/2014)... December 26, 2014 The ... combines beauty, strength and durability. Today, the business ... which is valid until Jan. 30, 2015. , ... of traditional hardwood. BambooFlooringChina.com is a well-known brand ... consumers worldwide to find a reliable bamboo flooring ...
Breaking Medicine News(10 mins):Health News:Today a new plugin was announced from Pixel Film Studios, TransPack Volume 5 for Final Cut Pro X 2Health News:India Network Health Insurance Announces new Comprehensive Pre-existing Condition Coverage policy for Visitors to the United States 2Health News:India Network Health Insurance Announces new Comprehensive Pre-existing Condition Coverage policy for Visitors to the United States 3Health News:Induction Brazing Equipment Series From DaWei Induction Heating Co., A Reliable Supplier Of Induction Heating Equipment 2Health News:Microscopy Market Hit to $5,756.0 Million by 2019 - New Research Report by MarketsandMarkets 2Health News:Microscopy Market Hit to $5,756.0 Million by 2019 - New Research Report by MarketsandMarkets 3Health News:Microscopy Market Hit to $5,756.0 Million by 2019 - New Research Report by MarketsandMarkets 4Health News:BambooFlooringChina.com: click strand woven bamboo flooring promotion valid until Jan. 30, 2015. 2
... Today, during the 39th Annual Meeting of ... the Walter E. Washington Convention Center in Washington, ... Lexington) will present a poster of a study ... induce HIV-1 Reactivation." Although oral co-infections (e.g. periodontal ...
... ... ... ... ...
... with heart disease most susceptible to potential problems, small study ... could raise the risk for experiencing heartbeat irregularities among older ... suggests. , The finding stems from an assessment of a ... history of heart disease -- who were observed in an ...
... Food choices in years prior to illness may extend ... (HealthDay News) -- Healthy eating habits lead to longer ... In a study of 351 women with incident epithelial ... and vegetable consumption, higher vegetable consumption alone, and healthy ...
... ... ... , ... , , , ...
... ... ... ... ...
Cached Medicine News:Health News:Periodontal pathogens enhance HIV-1 promoter activation in T cells 2Health News:MedCAREERS GROUP, Inc. Reaches Agreement in Principle to Acquire StaffMD 2Health News:MedCAREERS GROUP, Inc. Reaches Agreement in Principle to Acquire StaffMD 3Health News:MedCAREERS GROUP, Inc. Reaches Agreement in Principle to Acquire StaffMD 4Health News:MedCAREERS GROUP, Inc. Reaches Agreement in Principle to Acquire StaffMD 5Health News:Air Travel Could Raise Risk for Heartbeat Irregularities 2Health News:Air Travel Could Raise Risk for Heartbeat Irregularities 3Health News:Pre-Diagnosis Diet Linked to Ovarian Cancer Survival 2Health News:Healthcare Trust of America, Inc. Acquires an 80,562 Square Foot Medical Office Portfolio Located in Atlanta, Georgia for $19,550,000 2Health News:Healthcare Trust of America, Inc. Acquires an 80,562 Square Foot Medical Office Portfolio Located in Atlanta, Georgia for $19,550,000 3Health News:Healthcare Trust of America, Inc. Acquires an 80,562 Square Foot Medical Office Portfolio Located in Atlanta, Georgia for $19,550,000 4Health News:Healthcare Trust of America, Inc. Acquires an 80,562 Square Foot Medical Office Portfolio Located in Atlanta, Georgia for $19,550,000 5Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 2Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 3Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 4Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 5Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 6Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 7Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 8Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 9Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 10Health News:New Treatments and Good Skin Care Helping Patients Control Acne and Rosacea 11
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
Medicine Products: