Charles River(CRL) - 2023 Q2 - Earnings Call Presentation

Financial Performance - Q2 2023 - Reported revenue for Q2 2023 was $1,059.9 million, an increase of 8.9% year-over-year[37, 63] - Organic revenue growth was 11.2%[37, 44, 63] - GAAP EPS was $1.89, a decrease of 11.3% year-over-year[37, 79] - Non-GAAP EPS was $2.69, a decrease of 2.9% year-over-year[37, 79] Segment Results - Q2 2023 - RMS (Research Models and Services) revenue increased by 12.6% to $209.9 million[2, 53] - RMS organic revenue growth was 13.9%[2] - DSA (Discovery and Safety Assessment) revenue increased by 12.1% to $663.5 million[53] - DSA organic revenue growth was 11.7%[53] - Manufacturing revenue decreased by 4.2% to $186.5 million[19] - Manufacturing organic revenue growth was 6.6%[19] Updated 2023 Guidance - Revenue growth is projected to be between 2.5% and 4.5%[81, 97] - Organic revenue growth is projected to be between 5.5% and 7.5%[52, 81, 97] - GAAP EPS is estimated to be between $7.60 and $8.20[81, 97] - Non-GAAP EPS is estimated to be between $10.30 and $10.90[81, 83, 97]