Pre-paid Legal Services, Inc. (PPD) Reports Q4 EPS of $0.33 on Revenues of $1.046B; Offers FY20 Revenue Outlook

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PPD Reports Fourth Quarter and Full Year 2019 Results

March 4, 2020 4:01 PM EST

Provides Full Year 2020 Guidance

WILMINGTON, N.C.--(BUSINESS WIRE)-- PPD, Inc. (NASDAQ: PPD), a leading global contract research organization, today reported its financial results for the fourth quarter and full year ended December 31, 2019.

Our fourth quarter and full year results reflect solid commercial and financial success enabled by effective execution of our growth strategy, said David Simmons, PPDs chairman and CEO. We continue to progress our mission to help customers bring life-changing therapies to patients. Our record net authorizations and ending backlog combined with our stable backlog conversion rate,... More