BOSTON--(BUSINESS WIRE)--PAREXEL International Corporation (NASDAQ: PRXL) today reported financial results for the third quarter of Fiscal Year 2016, which ended on March 31, 2016.
“I am pleased with PAREXEL’s solid third quarter,” said Chairman and Chief Executive Officer Josef H. von Rickenbach. “The Company achieved revenue in line with its expectations, healthy growth in new business awards and backlog, substantial profitability improvement, and robust diluted EPS growth. Strong gross new business wins of nearly $1 billion contributed to a net book-to-bill of 1.33. Backlog grew 9.1% year-over-year to $5.7 billion.
