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Quintiles Reports Fourth Quarter 2013 Results


2/13/2014 8:22:39 AM

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RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Quintiles Transnational Holdings Inc. (“Quintiles” or the “Company”) (NYSE: Q) today reported its financial results for the fourth quarter ended December 31, 2013. For the three months ended December 31, 2013, the Company’s growth in service revenues, excluding the impact of foreign currency fluctuations (“constant currency service revenue growth”), increased 7.7%, or $72.5 million compared to the same period last year. At actual foreign exchange rates, service revenues grew $58.1 million to $1.0 billion, representing growth of 6.2% compared to the same period last year including an unfavorable foreign currency impact of 1.5%, or $14.4 million.

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