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IQVIA(IQV) - 2020 Q3 - Earnings Call Transcript
2020-10-20 16:32
IQVIA Holdings Inc. (NYSE:IQV) Q3 2020 Earnings Conference Call October 20, 2020 9:00 AM ET Company Participants Andrew Markwick - SVP, IR, and Treasury Ari Bousbib - Chairman and CEO Ron Bruehlman - EVP and CFO Eric Sherbet - EVP and General Counsel Nick Childs - SVP, Financial Planning and Analysis Jen Halchak - Senior Director, IR Conference Call Participants Eric Coldwell - Robert W. Baird John Kreger - William Blair Bob Jones - Goldman Sachs Tycho Peterson - JPMorgan Erin Wright - Credit Suisse Patrick ...
IQVIA(IQV) - 2020 Q3 - Earnings Call Presentation
2020-10-20 15:04
| --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | Q3 2020 Earnings Call | | | October 20, 2020 | | | © 2020. All rights reserved. IQVIA ® is a registered trademark of IQVIA Inc. in the United States, the European Union, and various other countries. | | Legal 1 This presentation should be viewed in conjunction with IQVIA's Q3 2020 earnings call Safe Harbor Statemen ...
IQVIA(IQV) - 2020 Q2 - Quarterly Report
2020-07-23 20:07
Washington, D.C. 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION 4820 Emperor Blvd., Durham, North Carolina 27703 and 83 Wooster Heights Road, Danbury, Connecticut 06810 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE S ...
IQVIA(IQV) - 2020 Q2 - Earnings Call Transcript
2020-07-22 17:10
Financial Data and Key Metrics Changes - Revenue for Q2 2020 was $2.521 billion, which is $118 million above the midpoint of guidance, with $41 million of this beat attributed to FX and pass-throughs [23][30] - Adjusted EBITDA for Q2 was $483 million, exceeding guidance by $25 million, driven entirely by better operational performance [24][33] - Adjusted diluted EPS for Q2 was $1.18, with a GAAP net loss of $23 million or $0.12 loss per diluted share [33] Business Line Data and Key Metrics Changes - R&D Solutions revenue for Q2 was $1.235 billion, down from $1.435 billion in Q2 2019, while first half revenue was $2.676 billion compared to $2.851 billion in the first half of 2019 [31] - Technology & Analytics Solutions revenue for Q2 was $1.109 billion, slightly up from $1.102 billion in Q2 2019, with first half revenue at $2.226 billion compared to $2.177 billion in the first half of 2019 [30][31] - Contract Sales & Medical Solutions revenue for Q2 was $177 million, down from $203 million in Q2 2019, with first half revenue at $373 million compared to $396 million in the first half of 2019 [32] Market Data and Key Metrics Changes - R&D Solutions contracted backlog grew 13.5% year-over-year to $20.5 billion as of June 30, 2020, with a book-to-bill ratio of 1.64 including pass-throughs [25][34] - The company experienced no material cancellations of trials in its backlog due to COVID-19, indicating resilience in client demand [34] Company Strategy and Development Direction - The company is cautiously optimistic about a sharp recovery in the second half of the year, with plans to provide 2021 guidance earlier than usual [27][28] - The focus remains on leveraging virtual trial solutions and maintaining strong client interactions, particularly in the context of COVID-19 [18][19] Management's Comments on Operating Environment and Future Outlook - Management noted that site accessibility improved to 53% by the end of Q2, with expectations for continued improvement despite localized COVID-19 flare-ups [12][66] - The company anticipates a return to previous growth trajectories in 2021, supported by strong backlog and client demand [28][70] Other Important Information - The company has maintained strong liquidity with $1.1 billion in cash and an undrawn $1.5 billion revolving credit facility [38] - The management emphasized the importance of preserving employment during the crisis, with minimal impact on employee compensation [26][98] Q&A Session Summary Question: Changes in competitive environment related to COVID-19 - Management indicated that there have been no material cancellations related to COVID-19 and that the company has gained market share during the crisis [51][54] Question: Financial implications of remote monitoring versus on-site visits - Management noted that on-site visits have now exceeded remote visits, indicating a recovery in site accessibility [56][58] Question: Risks from COVID-19 flare-ups in Q3 and beyond - Management expressed confidence in their ability to adapt to remote monitoring and mitigate risks from localized flare-ups [66][69] Question: Revenue guidance and backlog visibility - Management confirmed that the next 12 months revenue from backlog has increased significantly, providing better visibility into future growth [75][78] Question: Performance of Technology & Analytics Solutions segment - The Real-World business within the TAS segment has shown strong growth, with continued demand for analytics and technology solutions [82][84] Question: Cost control measures and margin expectations - Management indicated that while some cost controls may ease, they will continue to focus on efficiency and maintaining a strong margin profile [96][98]
IQVIA(IQV) - 2020 Q2 - Earnings Call Presentation
2020-07-22 17:04
| --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | Q2 2020 Earnings Call July 22, 2020 | | | © 2020. All rights reserved. IQVIA ® is a registered trademark of IQVIA Inc. in the United States, the European Union, and various other countries. | | Legal 1 This presentation should be viewed in conjunction with IQVIA's Q2 2020 earnings call Safe Harbor State ...
IQVIA(IQV) - 2020 Q1 - Quarterly Report
2020-04-30 20:29
Washington, D.C. 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-35907 ___ ...
IQVIA(IQV) - 2020 Q1 - Earnings Call Transcript
2020-04-28 17:58
IQVIA Holdings, Inc. (NYSE:IQV) Q1 2020 Earnings Conference Call April 28, 2020 9:00 AM ET Company Participants Andrew Markwick - VP, IR Ari Bousbib - Chairman, President & CEO Michael McDonnell - EVP & CFO Conference Call Participants Tycho Peterson - JPMorgan Chase & Co. Robert Jones - Goldman Sachs Group Eric Coldwell - Robert W. Baird & Co. John Kreger - William Blair & Company Patrick Donnelly - Citigroup Alexander Draper - SunTrust Robinson Humphrey Shlomo Rosenbaum - Stifel, Nicolaus & Company Operat ...
IQVIA(IQV) - 2019 Q4 - Annual Report
2020-02-18 12:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-35907 IQVIA HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorpor ...
IQVIA(IQV) - 2019 Q4 - Earnings Call Transcript
2020-02-12 18:45
IQVIA Holdings Inc. (NYSE:IQV) Q4 2019 Earnings Conference Call February 12, 2020 9:00 AM ET Company Participants Andrew Markwick - Senior Vice President, Investor Relations & Treasury Ari Bousbib - Chairman and Chief Executive Officer Michael McDonnell - Executive Vice President & Chief Financial Officer Conference Call Participants Eric Coldwell - Baird Robert Jones - Goldman Sachs Jack Meehan - Barclays Elizabeth Anderson - Evercore Shlomo Rosenbaum - Stifel John Kreger - William Blair Erin Wright - Cred ...
IQVIA(IQV) - 2019 Q3 - Quarterly Report
2019-11-01 11:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-35907 IQVIA HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 27-1341991 (State or other juri ...