WuXi PharmaTech Co (WX) Tops Q2 View By 7c; WuXi Issues FY08 Revenue Guidance

August 13, 2008 6:13 PM EDT

WuXi PharmaTech Co., Ltd. (NYSE: WX) reports Q2 EPS of $0.21 adjusted, 7 cents better than the analyst estimate of $0.14. Revenues for the quarter were $70.8 million, versus the consensus of $68.32 million.

WuXi Pharma sees FY08 revenue $280 million to $300 million versus consensus of $284.99 million.

Wuxi PharmaTech (Cayman), Inc., through its subsidiaries, operates as a pharmaceutical, biotechnology, and medical device research and development (R&D) outsourcing company in the People's Republic of China and the United States.


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