IQVIA Reports First-Quarter 2020 Results; Issues Second-Quarter 2020 Guidance and Updates Full-Year 2020 Guidance
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IQVIA Holdings (IQV) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Below Consensus, Updates FY20 EPS/Revenues Outlook
April 28, 2020 7:05 AM EDTIQVIA Holdings (NYSE: IQV) reported Q1 EPS of $1.50, $0.02 better than the analyst estimate of $1.48. Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.72 billion.
First quarter revenue $2,754 million and Adjusted EBITDA $562 millionGAAP Diluted Earnings per Share $0.42; Adjusted Diluted Earnings per Share $1.50R&D Solutions quarterly net book-to-bill ratio 1.42x including pass throughs and 1.35x excluding pass throughs; contracted backlog including pass throughs grew 14 percent year-over-year to $19.6 billionOur team continues to execute well under these unprecedented circumstances. We have accelerated and expanded... More
