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Dec 31, 2020
IQVIA Q4 2020 Earnings Report
IQVIA's Q4 2020 results were reported, showcasing revenue growth and exceeding financial targets.
Key Takeaways
IQVIA reported a strong fourth quarter in 2020, with revenue reaching $3,298 million, a 13.9% increase year-over-year. Adjusted diluted EPS grew by 21.3% year-over-year to $2.11, and the company raised its full-year 2021 guidance for revenue, Adjusted EBITDA and Adjusted Diluted EPS.
Revenue for the fourth quarter grew by 13.9 percent year-over-year.
Adjusted EBITDA for the fourth quarter increased by 14.5 percent year-over-year.
Adjusted Diluted Earnings per Share for the fourth quarter grew by 21.3 percent year-over-year.
Full-year 2021 guidance was raised for revenue, Adjusted EBITDA and Adjusted Diluted EPS.
IQVIA
IQVIA
IQVIA Revenue by Segment
Forward Guidance
For the full year of 2021, the company is raising its guidance ranges.
Positive Outlook
- Revenue $12,550 - $12,900 million
- Adjusted EBITDA $2,760 - $2,840 million
- Adjusted Diluted EPS $7.77 - $8.08
Revenue & Expenses
Visualization of income flow from segment revenue to net income