Parexel (PRXL) Tops Q1 EPS by 6c
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PAREXEL International Reports First Quarter Fiscal Year 2016 Results
October 28, 2015 4:01 PM EDTFirst Quarter Fiscal Year 2016 Results (compared with First Quarter Fiscal Year 2015)
Adjusted earnings per share of $0.70, up 7.7%; GAAP diluted earnings per share of $0.45 Adjusted operating margin of 10.8%; GAAP operating margin of 6.9% Gross new business wins of $914 million; net book-to-bill ratio of 1.19; backlog at $5.4 billion Service revenue of $512.1 million, up 4.1%; constant currency revenue growth of 6.9% Restructuring charge of $14.8 million related to Margin Acceleration Program, with majority of benefits expected to accrue in the second half of Fiscal Year 2016... More
