IQVIA Q2 2024 Earnings Report
Key Takeaways
IQVIA reported second-quarter revenue of $3,814 million, a 2.3% increase year-over-year. GAAP Net Income was $363 million, with adjusted diluted earnings per share of $2.64. The R&D Solutions segment showed strong bookings of $2.7 billion, and the company updated its full-year 2024 guidance.
Revenue reached $3,814 million.
GAAP Net Income was $363 million, while Adjusted EBITDA reached $887 million.
GAAP Diluted Earnings per Share stood at $1.97, and Adjusted Diluted Earnings per Share was $2.64.
R&D Solutions quarterly bookings totaled $2.7 billion, resulting in a book-to-bill ratio of 1.27x.
IQVIA
IQVIA
IQVIA Revenue by Segment
Forward Guidance
The company updated its full-year 2024 guidance for revenue to be between $15,425 million and $15,525 million, Adjusted EBITDA between $3,705 million and $3,765 million, and Adjusted Diluted Earnings per Share between $11.10 and $11.30.
Revenue & Expenses
Visualization of income flow from segment revenue to net income