)
Charles River Laboratories (CRL) investor relations material
Charles River Laboratories Evercore ISI 8th Annual HealthCONx Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business performance and demand trends
Book-to-bill ratio has improved sequentially since the start of Q3, reflecting positive momentum despite potential holiday impacts.
Biotech funding surged in the third quarter, with last month marking the second-best month ever for biotech funding.
Pharma demand remains stable, supported by long-term contracts and robust spending, but cannot fully offset biotech sluggishness.
Proposal volume is up and cancellations are down for both biotech and pharma, indicating increased client confidence.
Operational initiatives and cost management
Additional hiring in lab services aligns with strong demand and the need to replace turnover, supporting raised guidance.
Higher spot NHP costs are due to increased demand exceeding initial supply plans, despite overall cost reductions and diversified sourcing.
$70 million in incremental DSA costs will be managed through labor, procurement efficiency, offshoring, and automation, mainly to offset inflation.
Portfolio strategy and M&A/divestitures
A deep portfolio review led to plans to divest about 7% of revenue from non-core assets, focusing on businesses with persistent headwinds.
Proceeds from divestitures may be used for M&A, debt repayment, or share buybacks, with several acquisition targets under consideration.
Bioanalysis and lab services are flagged for organic investment and potential M&A, responding to strong client demand.
Exploring non-animal in vitro NAMs technologies and considering geographic expansion, especially in China, due to rising innovation and market potential.
Next Charles River Laboratories earnings date
Next Charles River Laboratories earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage