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WuXi PharmaTech Reports Excellent Q2; Raises 2013 Guidance

publication date: Aug 13, 2013

WuXi PharmaTech’s Q2 results showed the company is continuing its long-standing pattern of steady growth. Revenues were up 9.2% to $142 million and net income climbed 44% to $29.6 million. The company’s non-GAAP earnings were $.46 per share, which was seven cents ahead of consensus estimates. With half of 2013 now known, WuXi raised guidance for full-year 2013. More details....

Stock Symbol: (NYSE: WX)

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