PPD, Inc. (PPD) Misses Q4 EPS by 1c, Revenues Beat; Offers 1Q & FY21 Revenues Guidance Above Consensus, Provides 1Q & FY21 EPS Outlook

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Go back to PPD, Inc. (PPD) Misses Q4 EPS by 1c, Revenues Beat; Offers 1Q & FY21 Revenues Guidance Above Consensus, Provides 1Q & FY21 EPS Outlook

PPD Reports Fourth Quarter and Full Year 2020 Results

February 23, 2021 4:05 PM EST

Provides First Quarter and Full Year 2021 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, 2020.

Highlights

Fourth quarter net authorizations of $1,297.6 million, representing 28.1% growth and resulting in a net book-to-bill ratio of 1.30x on a historical basis Full year net authorizations of $4,613.7 million, representing 20.5% growth and resulting in a net book-to-bill ratio of 1.32x on a historical... More