PPD, Inc. (PPD) Tops Q2 EPS by 6c

PPD, Inc. (NASDAQ: PPD) reported Q2 EPS of $0.39, $0.06 better than the analyst estimate of $0.33. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.32 billion.

“I’m delighted to report that our strong momentum across the business continued in the second quarter,” said David Simmons, PPD’s chairman and CEO. “In addition to achieving solid growth in net authorizations, our colleagues’ commitment to delivering for customers helped drive significant revenue growth. With our differentiated capabilities, deep customer relationships and culture of quality and innovation, we remain well positioned for ongoing success as we look forward to the anticipated merger with Thermo Fisher Scientific.”

For earnings history and earnings-related data on PPD, Inc. (PPD) click here.

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