Charles River Laboratories (CRL) Tops Q3 EPS by 8c; Narrows Outlook

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Charles River Laboratories Announces Third-Quarter 2017 Results from Continuing Operations

November 9, 2017 7:00 AM EST

Third-Quarter Revenue of $464.2 Million

Third-Quarter GAAP EPS of $1.09 and Non-GAAP EPS of $1.30

Updates 2017 Guidance

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) today reported its results for the third quarter of 2017. Revenue from continuing operations was $464.2 million, an increase of 9.0% from $425.7 million in the third quarter of 2016. Revenue growth was driven primarily by the Discovery and Safety Assessment and Manufacturing Support segments.

The acquisitions of Agilux Laboratories and Brains On-Line contributed 2.7% to consolidated third-quarter revenue growth, both on a reported... More