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News
10 May 2012

AMRI Posts First Quarter 2012 Results

The company's total revenue for the first quarter of 2012 was $53.7 million, a decrease of 6% compared to total revenue of $56.9 million reported in the first quarter of 2011.

AMRI reported Wednesday its financial and operating results for the first quarter ended March 31, 2012.

 

The company's total revenue for the first quarter of 2012 was $53.7 million, a decrease of 6% compared to total revenue of $56.9 million reported in the first quarter of 2011.

 

Total contract revenue for the first quarter of 2012 was $42.7 million, consistent with total contract revenue of $42.9 million reported in the first quarter of 2011. Total contract revenue encompasses revenue from AMRI's Discovery Services, Development and Small Scale Manufacturing, and Large Scale Manufacturing business components.

 

Net income, as adjusted was $0.7 million, or $0.02 per basic and diluted share, co

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