Parexel (PRXL) Reports In-Line Q4 EPS, Offers FY17 and Q1 Guidance

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PAREXEL International Reports Fourth Quarter and Fiscal Year 2016 Results

August 3, 2016 4:27 PM EDT

Fourth Quarter Fiscal Year 2016 Results (compared to Fourth Quarter Fiscal Year 2015)

GAAP diluted earnings per share of $0.83, up 36.1%; adjusted earnings per share of $0.94, up 19.0% GAAP operating margin of 12.3%; adjusted operating margin of 13.7% Service revenue of $538.6 million, up 3.0%; constant currency revenue growth of 2.6%

Fiscal Year 2016 (compared to Fiscal Year 2015)

GAAP diluted earnings per share of $2.89, up 9.1%; adjusted diluted earnings per share of $3.43, up 22.9% GAAP operating margin of 10.8%; adjusted operating margin of 12.8%, reflecting 210 basis point year-over-year improvement Service revenue of... More