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Dec 31, 2019

IQVIA Q4 2019 Earnings Report

IQVIA reported a strong Q4 2019 with revenue and adjusted EPS above financial targets.

Key Takeaways

IQVIA's Q4 2019 revenue reached $2,895 million, with adjusted diluted earnings per share of $1.74, a 16.0 percent increase year-over-year. The company highlighted significant wins in Technology & Analytics Solutions and continued strong momentum in R&DS.

Revenue for the fourth quarter was $2,895 million, up 7.7% reported.

Adjusted Diluted Earnings per Share was $1.74, up 16.0% year over year.

R&D Solutions quarterly net book-to-bill ratio was 1.46x.

Technology & Analytics Solutions added more significant wins in the quarter, including a landmark deal for OCE deployment in the U.S.

Total Revenue
$2.9B
Previous year: $2.69B
+7.7%
EPS
$1.74
Previous year: $1.5
+16.0%
R&DS Next 12 Months Revenue
$5.2B
Gross Profit
$994M
Previous year: $946M
+5.1%
Cash and Equivalents
$837M
Previous year: $891M
-6.1%
Total Assets
$23.3B
Previous year: $22.5B
+3.1%

IQVIA

IQVIA

IQVIA Revenue by Segment

Forward Guidance

IQVIA expects full-year 2020 revenue between $11,775 million and $12,000 million, Adjusted EBITDA between $2,565 million and $2,620 million and Adjusted Diluted Earnings per Share between $7.15 and $7.35. The company expects first-quarter 2020 revenue between $2,790 million and $2,840 million, Adjusted EBITDA between $595 million and $610 million and Adjusted Diluted Earnings per Share between $1.59 and $1.65.

Revenue & Expenses

Visualization of income flow from segment revenue to net income