Loading...
•
Jun 30, 2023
IQVIA Q2 2023 Earnings Report
IQVIA's financial performance for Q2 2023 was reported, showing revenue growth and increased net income.
Key Takeaways
IQVIA reported a revenue of $3,728 million, a 5.3% increase year-over-year. GAAP Net Income was $297 million, up 16.0% year-over-year. Adjusted Diluted Earnings per Share was $2.43, a 0.4% decrease year-over-year.
Revenue grew by 5.3 percent year-over-year, reaching $3,728 million.
GAAP Net Income increased by 16.0 percent year-over-year, totaling $297 million.
Adjusted EBITDA grew by 8.0 percent year-over-year, amounting to $864 million.
R&D Solutions contracted backlog grew 11 percent year-over-year, reaching $28.4 billion.
Revenue by Segment
Forward Guidance
The company updated its full-year guidance to reflect the expectation that the commercial business growth for the balance of the year will be consistent with the first half. For the third quarter of 2023, the company expects revenue to be between $3,760 million and $3,810 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...