Syneos Health Reports Third Quarter 2018 Results
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Syneos Health, Inc. (SYNH) Tops Q3 EPS by 7c, Revenues In-Line; Lowers FY18 Revenue Guidance Below Consensus, Updates FY18 EPS Outlook
November 6, 2018 6:22 AM ESTSyneos Health, Inc. (NASDAQ: SYNH) reported Q3 EPS of $0.75, $0.07 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.12 billion.
GAAP total revenue of $1.11 billion and $3.24 billion for the three and nine months ended September 30, 2018, respectively. Combined Company ASC 606 adjusted service revenue of $1.12 billion and $3.26 billion for the three and nine months ended September 30, 2018, respectively.Combined Company ASC 605 net new business awards of $920.2 million and $2.85... More