Syneos Health, Inc. (SYNH) Tops Q4 EPS by 1c; Offers FY21 EPS/Revenue Guidance

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Syneos Health Reports Fourth Quarter and Full Year 2020 Results

February 18, 2021 6:15 AM EST

Highlights

GAAP revenue of $1,140.0 million for the three months ended December 31, 2020, representing a sequential increase of 3.7% compared to the three months ended September 30, 2020.Net new business awards of $1,764.1 million and $5,863.1 million for the three and twelve months ended December 31, 2020, representing book-to-bill ratios of 1.55x and 1.33x, respectively. Clinical Solutions segment net new business awards of $1,299.3 million and $4,698.7 million for the three and twelve months ended December 31, 2020, representing book-to-bill ratios of 1.52x and 1.42x, respectively, and year-over-year backlog growth of 24.6% as of... More