PRA Health Sciences (PRAH) Tops Q4 EPS by 10c, FY EPS Guidance Tops Views

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PRA Health Sciences, Inc. Reports Fourth Quarter and Full Year 2015 Results and Provides 2016 Guidance

February 24, 2016 4:01 PM EST

$362.3 million of service revenue in the fourth quarter; 15.1% constant currency growth compared to the fourth quarter of 2014Fourth quarter GAAP Net Income was $28.5 million or $0.45 per diluted share$67.9 million of Adjusted EBITDA in the fourth quarter; 34.2% growth compared to the fourth quarter of 2014Fourth quarter Adjusted Net Income per diluted share increased 68.6% to $0.59 per share and Adjusted Net Income increased 101.2% to $37.5 million compared to the fourth quarter of 2014Full Year 2016 service revenue guidance of 11% to 14% constant currency growth compared to... More