Syneos Health, Inc. (SYNH) Tops Q1 EPS by 6c, Revenues Beat

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Go back to Syneos Health, Inc. (SYNH) Tops Q1 EPS by 6c, Revenues Beat

Syneos Health Reports First Quarter 2020 Results

April 30, 2020 6:33 AM EDT

Highlights

GAAP revenue of $1,163.4 million for the three months ended March 31, 2020, representing growth of 4.0%, 3.8% on an adjusted basis, and 4.4% on a constant currency adjusted basis compared to the same period in 2019.Net new business awards of $1,531.6 million and $5,724.7 million for the three and twelve months ended March 31, 2020, representing a book-to-bill ratio of 1.32x and 1.21x, respectively. Clinical Solutions segment net new business awards of $1,224.2 million and $4,451.3 million for the three and twelve months ended March 31, 2020, representing a book-to-bill ratio of 1.40x and 1.27x, respectively. Clinical Solutions net new business... More