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Sep 30, 2021
IQVIA Q3 2021 Earnings Report
IQVIA's third quarter results for 2021 were reported, featuring revenue growth and raised full-year guidance.
Key Takeaways
IQVIA reported strong third-quarter results with a 21.7% increase in revenue to $3,391 million and a 158.4% increase in GAAP net income to $261 million. The company also raised its full-year 2021 guidance for revenue, Adjusted EBITDA, and Adjusted Diluted EPS.
Revenue for the third quarter grew 21.7 percent year-over-year, reaching $3,391 million.
GAAP Net Income for the third quarter increased by 158.4 percent year-over-year, amounting to $261 million.
Adjusted EBITDA for the third quarter rose by 20.5 percent year-over-year, totaling $728 million.
R&D Solutions contracted backlog grew 12.7 percent year-over-year, reaching $24.4 billion.
Revenue by Segment
Forward Guidance
For the fourth quarter of 2021, the company expects revenue between $3,537 million and $3,612 million, Adjusted EBITDA between $786 million and $816 million, and Adjusted Diluted EPS between $2.37 and $2.47.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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