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Biotech / Medical : PRXL - Parexel International
PRXL 88.080.0%Oct 9 5:00 PM EST

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To: William Partmann who wrote (47)6/25/1999 11:01:00 AM
From: Milk  Read Replies (1) of 62
 
Merger termination confirmed.

BOSTON, June 25 /PRNewswire/ -- PAREXEL International Corporation (Nasdaq: PRXL - news) today announced that, based on an interim assessment of the Company's results for the fiscal fourth quarter ending June30, 1999, net revenues for the quarter are currently estimated to range between $90 to $93 million; pro forma earnings per share, exclusive of merger-related and other charges, are currently estimated to be in the range of $0.18 to $0.20; and new business authorizations are anticipated to show sequential growth over the third quarter. The Company expects to report actual results for the June quarter, its fiscal year end, in mid-August, consistent with prior years.

M.
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