IQVIA Q1 2021 Earnings Report
Key Takeaways
IQVIA reported strong first-quarter results with revenue of $3,409 million, a 23.8% increase year-over-year, and adjusted diluted earnings per share of $2.18, a 45.3% increase year-over-year. The company raised its full-year 2021 guidance for revenue, Adjusted EBITDA and Adjusted Diluted EPS.
Revenue of $3,409 million for the first quarter grew 23.8 percent year-over-year
Adjusted EBITDA of $744 million for the first quarter increased 32.4 percent year-over-year
GAAP Diluted Earnings per Share of $1.09 for the first quarter; Adjusted Diluted Earnings per Share of $2.18 for the first quarter grew 45.3 percent year-over-year
R&D Solutions contracted backlog of $23.2 billion grew 18.3 percent year-over-year; next twelve months revenue from backlog increased to $6.5 billion, up 31.1 percent year-over-year
IQVIA
IQVIA
IQVIA Revenue by Segment
Forward Guidance
For the second quarter of 2021, the company is providing guidance as follows: Revenue $3,225 - $3,300 million, Adjusted EBITDA $690 - $715 million, Adjusted Diluted EPS $2.00 - $2.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income