PRA Health Sciences (PRAH) Tops Q3 EPS by 7c; Lifts FY15 EPS Outlook

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PRA Health Sciences, Inc. Reports Third Quarter 2015 Results and Provides Updated 2015 Guidance

November 2, 2015 4:00 PM EST

 

$345.1 million of service revenue in the third quarter; 12% constant currency growth compared to the third quarter of 2014$66.6 million of Adjusted EBITDA in the third quarter; 42% growth compared to the third quarter of 2014 Third quarter Adjusted Net Income per share increased 53% to $0.52 per share and Adjusted Net Income increased 134% to $33.2 million compared to the third quarter of 2014 Third quarter GAAP Net Income was $23.7 million or $0.37 per diluted share Updated Guidance for 2015 diluted Adjusted Net Income per share raised to $1.89-$1.92 from $1.75-$1.85... More