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WuXi Beats Financial Estimates in Q1

publication date: May 10, 2011
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WuXi PharmaTech, one of China’s most visible CRO/CMOs, reported first quarter revenues that were slightly better than expected, up 16% at $93.6 million. The company’s lab service revenues increased 12%, but the star performer was contract manufacturing, which climbed 35% to $19.1 million. GAAP net income was up 17% at $18.2 million, or 24 cents per share. More details....

Stock Symbol: (NYSE: WX)     Share this with colleagues:  


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