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WuXi PharmaTech Announces Outstanding Q3 Numbers

publication date: Nov 10, 2010
WuXi PharmaTech reported impressive Q3 results, showing that the Shanghai-based CRO is continuing to prosper on all fronts. The company said its revenues were 20% higher than the year-earlier quarter at $83.8 million, and non-GAAP net income rose 27% to $22.4 million. GAAP numbers were even higher as WuXi booked a $30 million breakup fee from Charles River Labs, which decided in Q2 not to proceed with its acquisition of WuXi PharmaTech. More details....

Stock Symbols: (NYSE: WX) (NYSE: CRL)

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