PRA Health Sciences (PRAH) Tops Q3 EPS by 6c, Offers FY Guidance

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PRA Health Sciences, Inc. Reports Third Quarter 2018 Results and Updates 2018 Guidance

October 31, 2018 4:40 PM EDT

Net new business of $657.2 million; Net book-to-bill of 1.28

$717.6 million of revenue; 23.3% growth at actual foreign exchange rates and 24.0% growth on a constant currency basis

$572.9 million of revenue excluding the impact of ASC 606; 15.8% growth at actual foreign exchange rates; 16.3% growth on a constant currency basis

GAAP net income per diluted share of $0.02 and GAAP net income of $1.5 million

Adjusted net income per diluted share was $1.13 and adjusted net income was $74.8 million

Maintaining 2018 revenue guidance between... More