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PAREXEL International (PRXL) Reports Fourth Quarter and Fiscal Year 2013 Results


8/8/2013 6:49:15 AM

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BOSTON, Aug. 7, 2013 /PRNewswire via COMTEX/ -- PAREXEL International Corporation /quotes/zigman/56826/quotes/nls/prxl PRXL -1.25% today reported financial results for the fourth quarter and Fiscal Year 2013, which ended on June 30, 2013.

For the three months ended June 30, 2013 consolidated service revenue increased by 18% to $463.1 million compared with $392.6 million in the prior year period. Excluding the negative impact from foreign exchange movements in the current quarter of $2.6 million, revenue increased approximately 18.6%. Recent acquisitions contributed approximately $12.7 million to revenue in the quarter.

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