IQVIA Holdings Inc. · Q3 2020 earnings

Briefing

IQVIA's third-quarter results were reported, with revenue and Adjusted EBITDA reaching $2,786 million and $604 million, respectively.

IQVIA reported third-quarter results with revenue of $2,786 million and Adjusted EBITDA of $604 million. The company raised full-year 2020 guidance for revenue, Adjusted EBITDA and Adjusted Diluted EPS and provided a full-year 2021 outlook for revenue $12,300 million to $12,600 million, Adjusted EBITDA $2,725 million to $2,800 million and Adjusted Diluted EPS $7.65 to $7.95.

• Third quarter revenue of $2,786 million and Adjusted EBITDA of $604 million
• GAAP Diluted Earnings per Share of $0.52 and Adjusted Diluted Earnings per Share of $1.63
• Technology & Analytics Solutions revenue grew 10.2 percent reported and 9.2 percent on a constant currency basis
• R&D Solutions quarterly net book-to-bill ratio was 1.71x; next twelve months revenue from backlog increased over $400 million to $5.8 billion

Headline financials

Revenue & EPS history

For the full year of 2021, the company expects revenue of between $12,300 million and $12,600 million, Adjusted EBITDA of between $2,725 million and $2,800 million, and Adjusted Diluted Earnings per Share of between $7.65 and $7.95.