Syneos Health Reports First Quarter 2021 Results
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Syneos Health, Inc. (SYNH) Tops Q1 EPS by 4c; Offers FY21 EPS/Revenues Outlook
April 29, 2021 6:19 AM EDTSyneos Health, Inc. (NASDAQ: SYNH) reported Q1 EPS of $0.79, $0.04 better than the analyst estimate of $0.75. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.19 billion.
Highlights
Revenue of $1,208.7 million for the three months ended March 31, 2021, representing a sequential increase of 6.0% compared to the three months ended December 31, 2020, and a year-over-year increase of 3.9% compared to the three months ended March 31, 2020.Net new business awards of $1,548.8 million and $5,880.1 million for the three and twelve months ended March 31, 2021, representing book-to-bill ratios of 1.28x and 1.32x, respectively.Clinical Solutions segment... More