PPD, Inc.
PPD Updates 2007 Forecast; Issues Financial Guidance for 2008
Published in Law and Health Weekly, January 26th, 2008
PPD anticipates that net revenue, excluding reimbursed out-of-pocket expenses, for the full year 2007 will be in range of $1.295 to $1.310 billion, which is within its previously forecasted net revenue range. Earnings per diluted share for the fourth quarter of 2007 are expected to be in the range of $0.33 to $0.35, resulting in full year 2007 earnings per diluted share of $1.36 to $1.38, all of which are also within PPD's previous guidance.
For 2008, net revenue, excluding reimbursed out-of-pocket expenses, is expected to be in...
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