earnings
confidence high
sentiment positive
materiality 0.75
IQVIA Q2 revenue $3,438M (+36.4% YoY); raises full-year guidance
IQVIA HOLDINGS INC.
2021-Q2 EPS reported
$1.99
revenue$6,847,000,000
- GAAP diluted EPS $0.90 vs. $(0.12) YoY; adjusted diluted EPS $2.13, up 80.5%.
- Adjusted EBITDA $722M (+49.5%); revenue beat on strong R&DS and TAS growth.
- R&DS contracted backlog $23.9B, up 16.7%; net book-to-bill 1.34x for Q2.
- FY2021 guidance raised: revenue $13.55-13.70B, Adj. EBITDA $2.95-3.00B, Adj. EPS $8.70-8.90.
- Q2 free cash flow $394M; operating cash flow $539M; $822M remaining buyback auth.