Charles River Labs (CRL) PT, Estimates Raised at Evercore ISI
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Charles River Laboratories Announces Second-Quarter 2016 Results from Continuing Operations
August 3, 2016 7:01 AM EDTSecond-Quarter Revenue of $434.1 Million
Second-Quarter GAAP Earnings per Share of $0.73
and Non-GAAP Earnings per Share of $1.20
Updates 2016 Guidance
WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) today reported its results for the second quarter of 2016. For the quarter, revenue from continuing operations was $434.1 million, an increase of 27.8% from $339.6 million in the second quarter of 2016. Foreign currency translation reduced reported revenue growth by 0.4%. Revenue growth was driven primarily by the Discovery and Safety Assessment and Manufacturing Support segments.... More
