Parexel (PRXL) Tops Q4 EPS by 5c; Issues Q1, FY16 Guidance
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PAREXEL International Reports Fourth Quarter And Fiscal Year 2015 Results; Confirms Previous Revenue And Adjusted EPS Guidance For Fiscal Year 2016
August 5, 2015 5:51 PM EDTBOSTON, Aug. 5, 2015 /PRNewswire/ --
Fourth Quarter Fiscal Year 2015 Results (compared to Fourth Quarter Fiscal Year 2014)
Adjusted earnings per share of $0.79, up 21.5%; GAAP diluted earnings per share of $0.61 Gross new business wins of $818 million, up 11%; net book-to-bill of 1.19; backlog at $5.3 billion Service revenue of $523 million, up 2.4%; constant currency revenue growth of 5.4% SG&A as a percent of service revenue decreased by 470 basis points Restructuring charge of $20 million in fourth quarter 2015 related to Margin Acceleration Program Adjusted operating margin of 10.8%; GAAP operating margin of 7.5%Fiscal Year 2015... More
