Charles River Laboratories (CRL) Tops Q1 EPS by 8c; Boosts FY16 EPS Outlook

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Go back to Charles River Laboratories (CRL) Tops Q1 EPS by 8c; Boosts FY16 EPS Outlook

Charles River Laboratories Announces First-Quarter 2016 Results from Continuing Operations

May 4, 2016 7:02 AM EDT

First-Quarter Revenue of $354.9 Million

First-Quarter GAAP Earnings per Share of $0.78
and Non-GAAP Earnings per Share of $0.98

Updates 2016 Guidance

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) today reported its results for the first quarter of 2016. For the quarter, revenue from continuing operations was $354.9 million, an increase of 10.8% from $320.4 million in the first quarter of 2016. Foreign currency translation reduced reported revenue growth by 1.6%. On a constant-currency basis, revenue growth of 12.4% was driven primarily by the Discovery and Safety Assessment and... More