Published in Lab Law Weekly, May 18th, 2007
This trend article is an immediate alert from NewsRx to identify the most recent news developments at Covance.
Report 1: Covance Inc. (CVD) reported earnings for its fourth quarter ended December 31, 2006 of $0.59 per diluted share.
For the full year, EPS was $2.24, including a $0.04 per share gain from the favorable resolution of several income tax matters during the third quarter. Excluding the income tax gain, earnings were $2.20 per share, representing year-over-year EPS growth of 25.1%, with both periods including stock-based compensation expense and excluding the $0.07 per...
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