PDI, Inc. (PDII) Tops Q1 EPS by 23c, Raises FY Revenue Guidance

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Go back to PDI, Inc. (PDII) Tops Q1 EPS by 23c, Raises FY Revenue Guidance

PDI Reports 20% First Quarter 2015 Revenue Growth

May 12, 2015 4:01 PM EDT

PARSIPPANY, N.J., May 12, 2015 /PRNewswire/ -- PDI, Inc. (Nasdaq: PDII) today reported financial and operational results for the first quarter ended March 31, 2015. 

Net revenue for the first quarter of 2015 was $38.3 million, an increase of 20% over $31.8 million in the first quarter of 2014. Gross profit for the first quarter of 2015 was $7.6 million, or 20% of net revenue, as compared to $5.1 million, or 16% of net revenue in 2014, driven by better gross margins from the Commercial Services segment as well as higher gross margins from Interpace Diagnostics. Total operating expenses for the period were $10.5... More