Medpace Holdings, Inc. Reports Second Quarter 2020 Results
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Medpace Holdings (MEDP) Tops Q2 EPS by 32c, Revenues Beat; Offers FY20 EPS/Revenue Guidance
July 27, 2020 4:20 PM EDTMedpace Holdings (NASDAQ: MEDP) reported Q2 EPS of $0.73, $0.32 better than the analyst estimate of $0.41. Revenue for the quarter came in at $205 million versus the consensus estimate of $180.53 million.
Revenue of $205.0 million in the second quarter of 2020 decreased 4.3% from revenue of $214.1 million for the comparable prior-year period, representing a backlog conversion rate of 15.8%.Net new business awards were $254.1 million in the second quarter of 2020, representing a... More