IQVIA: Q2 Earnings Snapshot
By AP News
Published - Jul 22, 2024, 07:24 AM ET
Last Updated - Jul 22, 2024, 07:24 AM EDT
DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Monday reported second-quarter earnings of $363 million.
The Durham, North Carolina-based company said it had net income of $1.97 per share. Earnings, adjusted for one-time gains and costs, came to $2.64 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.58 per share.
The clinical testing company posted revenue of $3.81 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $3.79 billion.