secwatch.observer — SEC 8-K summary
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Issuer:     IQVIA HOLDINGS INC. (IQV)
CIK:        0001478242
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001193125-24-128463
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IQVIA Q1 revenue $3,737M, adj EPS $2.54; reaffirms FY guidance with FX adjustment
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- GAAP EPS $1.56; adjusted EPS $2.54; adjusted EBITDA $862M (+1.3% YoY).
- R&DS backlog $30.1B (+7.9% YoY); Q1 book-to-bill 1.23x (over 1.3x excl. large CNS cancellation).
- Revenue +2.3% reported (+2.9% CC); TAS +0.6%, R&DS +3.4%, CSMS +3.8%.
- FY 2024 revenue guidance lowered $75M for FX to $15,325M-$15,575M; adj EBITDA ($3.7B-$3.8B) and adj EPS ($10.95-$11.25) reaffirmed.
- Operating cash flow $522M; free cash flow $377M; net leverage 3.38x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1478242/000119312524128463/0001193125-24-128463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1478242/000119312524128463/d757395d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-128463

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer