Charles River Laboratories (CRL) Tops Q3 EPS by 15c

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Go back to Charles River Laboratories (CRL) Tops Q3 EPS by 15c

Charles River Laboratories Announces Third-Quarter 2018 Results

November 7, 2018 7:00 AM EST

Third-Quarter Revenue of $585.3 Million

Third-Quarter GAAP Earnings per Share of $1.22 and Non-GAAP Earnings per Share of $1.53

Updates 2018 Guidance

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) today reported its results for the third quarter of 2018. For the quarter, revenue was $585.3 million, an increase of 26.1% from $464.2 million in the third quarter of 2017. Revenue growth was driven by all three business segments, particularly the Discovery and Safety Assessment segment.

Acquisitions, which included MPI Research, KWS BioTest, and Brains On-Line, contributed 16.0% to consolidated third-quarter... More