- PAREXEL (NASDAQ:PRXL) reported 9.5% Y/Y growth in revenue to $491.7M missing consensus by $14M.
- Gross Margin - CRS +310 bps to 31.5%; PC +300 bps to 44.3%; PI +90 bps to 48%.
- Operating Margin +140 bps to 9.3%.
- CAPEX $12.1M vs. $14.3M prior.
- Lowered FY'15 guidance - Revenue $2.07B - 2.11B from $2.13B - $2.15B; EPS $2.56 - 2.75 vs. consensus of $2.69.
- Shares -12.7% AH.
PAREXEL declines in AH trade on Q1 earnings and lowered guidance
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Symbol | Last Price | % Chg |
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PRXL | - | - |
PAREXEL International Corporation |