IQVIA Holdings (IQV) Tops Q4 EPS by 11c, Revenues Beat; Raises FY21 EPS/Revenue Guidance, Offers 1Q EPS/Revenue Guidance Above Consensus
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IQVIA Reports Fourth-Quarter and Full-Year 2020 Results Raises Full-Year 2021 Guidance
February 10, 2021 7:00 AM ESTRevenue of $3,298 million for the fourth quarter grew 13.9 percent year-over-year Adjusted EBITDA of $735 million for the fourth quarter increased 14.5 percent year-over-year GAAP Diluted Earnings per Share of $0.61 for the fourth quarter; Adjusted Diluted Earnings per Share of $2.11 for the fourth quarter grew 21.3 percent year-over-year Technology & Analytics Solutions fourth-quarter revenue growth was 17.4 percent year-over-year; R&D Solutions fourth-quarter revenue growth was 14.5 percent year-over-year Record fourth-quarter and full-year Free Cash Flow of $574 million and $1.34 billion, respectively Full-year 2021 guidance raised for revenue, Adjusted EBITDA and Adjusted Diluted... More
