Navigation Links
WuXi PharmaTech Announces Fourth-Quarter and Full-Year 2012 Results, Share Repurchase Program
Date:3/7/2013

s), net, driven by a lower gain on foreign-exchange forward contracts of $3.0 million, and higher income tax expense.

Fourth-quarter 2012 non-GAAP diluted earnings per ADS grew 7.2% year over year to $0.38 due to the 2.1% increase in net income and a lower ADS count caused by share buybacks.

Full-Year Non-GAAP ResultsNon-GAAP financial results exclude the impact of share-based compensation expenses, the amortization of acquired intangible assets and the associated deferred tax impact, impairment charges for goodwill and intangible assets, and revaluation of contingent consideration. 

Non-GAAP gross profit increased 16.9% year over year to $189.1 million mainly due to broad-based revenue growth, offset by lower gross margin.  Non-GAAP gross margin decreased year over year to 37.8% from 39.7%.  Non-GAAP gross margin in Laboratory Services decreased mainly due to increased labor costs, investment in new businesses, appreciation of the RMB versus the U.S. dollar, and lower pricing in chemistry services, partially offset by improved productivity.  Non-GAAP gross margin in Manufacturing Services decreased mainly due to lower capacity utilization in our commercial manufacturing business.Non-GAAP operating income increased 9.2% year over year to $105.7 million, primarily due to the 16.9% increase in non-GAAP gross profit, offset by increased operating expenses from the hiring of new senior staff and increased R&D expenses.  Operating margin decreased to 21.2% from 23.8%, mainly due to the lower gross margin and increased operating expenses.

Non-GAAP net income grew 9.4% year over year to $102.2 million due to the 9.2% increase in non-GAAP operating income and a 5.7% increase in other income / (expenses), net, driven by a gain on foreign-exchange forward contracts of $5.3 million, offset by higher income tax expense due to income mix.

Non-GAAP diluted earnings per ADS grew 13.3% year over year to $1.40 due t
'/>"/>

SOURCE Wuxi PharmaTech Co. Ltd.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Related medicine technology :

1. WuXi PharmaTech and Open Monoclonal Technology Expand Human Antibody Development and Commercial Opportunities for Asian Regional and Global Pharmaceutical Companies
2. WuXi PharmaTech Schedules Fourth-Quarter 2012 Earnings Release
3. WuXi PharmaTech Presents the 2012 Life Science and Chemistry Awards
4. WuXi PharmaTech Announces Shareholder Resolutions Adopted at 2012 Annual General Meeting
5. WuXi PharmaTech Celebrates Dr. Joseph Vaccas Induction into American Chemical Societys Medicinal Chemistry Hall of Fame
6. WuXi PharmaTech and Open Monoclonal Technology Announce OmniRat(TM) Antibody Collaboration
7. WuXi PharmaTech to Manufacture Ibalizumab for TaiMed Biologics
8. WuXi PharmaTech Receives GLP Certificate from SFDA for Suzhou Toxicology Facility
9. WuXi PharmaTech Announces Second-Quarter 2012 Results
10. Pharmatech Oncology Receives Phase 2 SBIR Funding for Just-In-Time Enrollment Model
11. WuXi PharmaTech Announces First-Quarter 2012 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/15/2014)... 2014  A novel wearable injector slightly larger than an Oreo ... to self-inject prescription drugs in the large doses required to ... autoimmune deficiencies, and genetic disorders.  An emerging ... 2018, according to analysts.   Many of these drugs will require ...
(Date:1/14/2014)... N.J. , Jan. 14, 2014 InformEx, ... and sellers of high-value chemistry, will hold the 30 th ... Miami Beach Convention Center from January 21-24. ... 3,500 attendees from top pharmaceutical, fine chemical and specialty chemical ...
(Date:1/14/2014)... 2014 /PRNewswire-iReach/ -- Acumed,s new SLIC Screw System - ... instrumentation to place and insert the screw accurately - ... (e.g. ligament) repair or reconstruction as it holds the ... (Photo: http://photos.prnewswire.com/prnh/20140114/MN45636 ) The SLIC ...
Breaking Medicine Technology:Enable Injections Presents A New Class of Injectors for Drug Delivery at PEPTalk, Drug Delivery Partnership Meetings 2Media Advisory: InformEx 2014 Events & Speaker Lineup for 30th Edition Conference in Miami Beach 2Acumed introduces the Scapho-Lunate Inter Carpal (SLIC) Screw System 2Acumed introduces the Scapho-Lunate Inter Carpal (SLIC) Screw System 3
(Date:7/9/2014)... stromal support cells and immune cells and the ... the development of diseases could open new therapeutic ... the conclusion of a review article by scientists from ... Nature . , Prof. Peter Carmeliet: "Consider the review ... cancer cells has been examined in minute detail for ...
(Date:7/9/2014)... are personal and subjective, the human brain turns ... emotions across different senses, situations and even people, ... Adam Anderson. , "We discovered that fine-grained patterns ... area of the brain associated with emotional processing, ... individual,s subjective feeling," says Anderson, associate professor of ...
(Date:7/9/2014)... than watching World Cup highlights, Brian Williams refreshing old ... unfortunate positions on railings. A University of Colorado Cancer ... shows that YouTube also allows researchers, journals, and ... topics of skin cancer and prevention. , "No matter ... of how we communicate around the world," says Chante ...
(Date:7/9/2014)... on prescription labels handed out by pharmacists may ... taking medication, according to new research by the ... for the Blind)., The study, published recently in ... labels on prescription medications dispensed by pharmacies do ... , By simply following recommended guidelines for font ...
(Date:7/9/2014)... of Medicine of the University of Southern California ... component of the immune system are completely resistant ... The discovery suggests that blocking this immune system ... and hyper-inflammatory diseases such as rheumatoid arthritis and ... online on June 23 in The Journal ...
Breaking Medicine News(10 mins):Health News:Wake-up call for more research into cell metabolism 2Health News:Study cracks how the brain processes emotions 2Health News:Study of dermatology on YouTube shows new ways science reaches public 2Health News:Most prescription labels fail to meet guidelines, risking dosage errors 2
... VanTine HealthDay Reporter , THURSDAY, Nov. 18 (HealthDay ... not to -- can help fight the rise of deadly ... and Prevention. About half of antibiotics prescribed are ... create bacteria that don,t respond, or respond less effectively, to ...
... , FRIDAY, Nov. 19 (HealthDay News) -- Among patients ... the hospital over a weekend are more likely to ... suggests. "Further research is needed to identify ... appropriate interventions," study co-author Dr. Ankit Sakhuja, a resident ...
... medicine could be used as way of predicting how ... of their breast cancer, according to new research presented ... and Cancer Therapeutics in Berlin today (Friday). ... use cough suppressant syrup as a probe, which would ...
... THURSDAY, Nov. 18 (HealthDay News) -- The spleen may be ... the damage at the site of a spinal cord injury, ... the focus of efforts to find new treatments for spinal ... research has focused on bone marrow as the source of ...
... to accommodate the beliefs and concerns of Chinese immigrants ... major depression in this typically underserved group. In ... Public Health, a Massachusetts General Hospital (MGH) research ... patients for depression in a primary care setting increased ...
... plastic or reconstructive surgery should receive a risk assessment ... fatal blood clots in the legs or lungs, according ... Researchers also found that 1 in 9 patients at ... if not given clot-preventing medications after surgery. Published ...
Cached Medicine News:Health News:Smarten Up About Antibiotics, CDC Urges 2Health News:Smarten Up About Antibiotics, CDC Urges 3Health News:Weekend Admissions May Raise Death Risk in Kidney Patients 2Health News:Cough medicine could help doctors identify how breast cancer patients metabolize tamoxifen 2Health News:Cough medicine could help doctors identify how breast cancer patients metabolize tamoxifen 3Health News:Spleen Cells Tied to Damage of Spinal Cord Injury in Animal Study 2Health News:Culturally sensitive treatment model helps bring depressed Chinese immigrants into treatment 2Health News:Culturally sensitive treatment model helps bring depressed Chinese immigrants into treatment 3Health News:Assessment tool predicts blood clot risk after plastic surgery 2Health News:Assessment tool predicts blood clot risk after plastic surgery 3
Used for cystometry and urethral pressure profilometry. A loop is employed to enhance catheter retention and stabilization within the bladder. Supplied sterile in peel-open packages. Intended for one...
... Triage® Cardiac Panel is a ... rapid quantitative determination of CK-MB, ... ethylenediaminetetraacetic acid (EDTA) whole blood ... is used as an aid ...
... SAFE-T-FILL Capillary Blood Collection Tubes are 100% ... a wide range of applications, the Capillary ... tube, attached cap and a micro tube.,The ... the blood into the micro tube thereby ...
... Scientifics SAFE-T-FILL Capillary Blood Collection Tubes are ... for a wide range of applications, the ... capillary tube, attached cap and a micro ... draw the blood into the micro tube ...
Medicine Products: