UPDATE: Syneos Health (SYNH) Tops Q1 EPS by 6c, Offers FY Guidance

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Go back to UPDATE: Syneos Health (SYNH) Tops Q1 EPS by 6c, Offers FY Guidance

Syneos Health Reports First Quarter 2022 Results

April 29, 2022 6:25 AM EDT

Highlights

Revenue for the first quarter of $1,336.3 million increased 10.5% on a reported basis and 11.7% on a constant currency basis year-over-year.Clinical Solutions net new business awards and book-to-bill ratios: Including reimbursable out-of-pocket expenses, $1,241.9 million for the first quarter, year-over-year growth of 1.6% and a book-to-bill ratio of 1.22x, and $4,392.9 million for the trailing twelve months, a year-over-year decline of 7.1% and a book-to-bill ratio of 1.07x.Excluding reimbursable out-of-pocket expenses, $912.7 million for the first quarter, year-over-year... More