Welcome to our dedicated page for IQVIA Holdings news (Ticker: IQV), a resource for investors and traders seeking the latest updates and insights on IQVIA Holdings stock.
IQVIA Holdings Inc. (symbol: IQV) is a prominent player in the healthcare industry, formed from the merger of Quintiles and IMS Health in 2016. The company operates as a global leader in integrated information and technology solutions, driving advancements in healthcare. With a workforce of approximately 50,000 employees across more than 100 countries, IQVIA is dedicated to helping clients improve their clinical, scientific, and commercial outcomes.
Core Services:
- Research and Development (R&D): IQVIA provides outsourced late-stage clinical trials for pharmaceutical, device, and diagnostic firms. This segment focuses on delivering comprehensive research services to advance medical innovations.
- Technology and Analytics: The company offers aggregated information and technology services, catering to pharmaceutical companies, healthcare providers, payers, and policymakers. IQVIA's data and analytics capabilities extend to clinical trials, including virtual trials, ensuring efficient and effective trial outcomes.
- Contract Sales: IQVIA also maintains a small contract sales business, supporting the commercial needs of its clients.
Recent Achievements and Projects:
IQVIA continues to make significant strides in protecting individual patient privacy while leveraging healthcare data to deliver critical real-world disease and treatment insights. The company's commitment to innovation is evident in its ongoing projects and partnerships aimed at enhancing healthcare outcomes globally.
For more information, visit www.quintilesims.com.
IQVIA Holdings (NYSE:IQV) has announced that Ron Bruehlman, executive vice president and chief financial officer, will present at the UBS Healthcare Conference in Rancho Palos Verdes, California. The presentation is scheduled for November 13, 2024, at 1:15 p.m. ET. Interested parties can access a live audio webcast of the presentation through the IQVIA Investor Relations website, with a replay available later the same day.
IQVIA reported Q3 2024 results with revenue of $3,896 million, up 4.3% year-over-year. Technology & Analytics Solutions revenue grew 8.6% to $1,554 million, while R&D Solutions revenue increased 1.9% to $2,162 million. The company achieved GAAP Net Income of $285 million and Adjusted EBITDA of $939 million.
R&D Solutions backlog reached $31.1 billion, up 8.0% year-over-year, with a book-to-bill ratio of 1.06x. Operating Cash Flow was $721 million, and Free Cash Flow was $571 million. The company updated its full-year 2024 guidance, projecting revenue between $15,350-15,400 million and Adjusted EBITDA between $3,675-3,700 million.
IQVIA Holdings Inc. (NYSE:IQV) has announced it will release its third-quarter 2024 financial results on Thursday, October 31, 2024, before the market opens. The company will host a conference call and webcast at 9:00 a.m. Eastern Time on the same day to discuss the results. Investors can access the earnings release and financial information on IQVIA's Investor Relations website.
To participate in the conference call, interested parties must register in advance through a provided link. Upon registration, participants will receive confirmation details for joining the call. The webcast can be accessed from the IQVIA Investor Relations website, and a replay will be available approximately two hours after the live event concludes.
IQVIA (NYSE:IQV) has introduced IQVIA AI Assistant, a generative AI technology designed to enhance how life science customers receive timely and powerful insights. This user-friendly, conversational text interface provides immediate analytic insights on topics such as brand and territory performance, competitive intelligence, and prescription drivers.
The AI Assistant is built on IQVIA Healthcare-grade AI™, which combines high-quality healthcare data with privacy safeguards and validated models. IQVIA is integrating this technology into various solutions, including Orchestrated Analytics, ChannelDynamics®Verbatim, Market Prognosis, and Clinical Data Analytics Solutions, enabling near real-time insights that previously required extensive expert analysis.
IQVIA (NYSE:IQV) has been awarded the 2024 Global Customer Value Leadership Award by Frost & Sullivan for excellence in AI quality and regulatory solutions for healthcare. The recognition is for IQVIA's Enterprise Quality Management System (eQMS), SmartSolve®, which simplifies quality and regulatory compliance processes. SmartSolve is an intelligence-driven platform that improves patient safety, enhances product quality, and maintains compliance.
The platform is powered by IQVIA Healthcare-grade AI™, designed to meet the precision, speed, and trust requirements of life sciences and healthcare. IQVIA's approach combines intelligence-driven simplification, integration, and automation to transform quality operations and drive efficiency for QA/RA professionals.
Signant Health, a leader in clinical trial evidence generation, has joined IQVIA's One Home for Sites™ initiative. This collaboration aims to simplify clinical research by providing a single sign-on platform for sites to access multiple eClinical technologies. Signant's SmartSignals® Unified Platform, which includes eCOA, EDC, RTSM, eConsent, and telemedicine, will be available through One Home for Sites.
Sanjiv Waghmare, Signant's chief product officer, expressed enthusiasm for the partnership, noting its alignment with Signant's strategy to provide unified access to their products. Melissa Easy, VP of Commercialization for IQVIA Technologies, welcomed Signant's contribution to building a next-generation clinical trial ecosystem that benefits all stakeholders, particularly patients.
IQVIA Holdings Inc. (NYSE:IQV) has announced that its CFO, Ron Bruehlman, will be speaking at the Morgan Stanley Annual Global Healthcare Conference on September 4, 2024 at 10:00 a.m. ET in New York. This event presents an opportunity for investors and analysts to gain insights into IQVIA's financial strategies and market positioning.
The presentation will be accessible via a live audio webcast on IQVIA's Investor Relations website. For those unable to attend or listen live, a replay of the webcast will be made available later the same day, ensuring wide access to the information shared during the conference.
This appearance at a major healthcare conference underscores IQVIA's commitment to transparency and engagement with the investment community, potentially impacting investor sentiment and the company's stock performance.
IQVIA Holdings Inc. (NYSE:IQV) reported strong financial results for Q2 2024. Revenue increased 2.3% to $3,814 million, with a 3.5% growth at constant currency. GAAP Net Income reached $363 million, while Adjusted EBITDA was $887 million. The company's GAAP Diluted EPS was $1.97, and Adjusted Diluted EPS grew 8.6% to $2.64.
R&D Solutions showed robust performance with quarterly bookings of $2.7 billion and a book-to-bill ratio of 1.27x. The R&D Solutions contracted backlog grew 7.7% year-over-year to $30.6 billion. IQVIA updated its full-year 2024 guidance, projecting revenue between $15,425 million and $15,525 million, Adjusted EBITDA between $3,705 million and $3,765 million, and Adjusted Diluted EPS between $11.10 and $11.30.
IQVIA (NYSE: IQV) has been named a Leader in the Life Sciences Regulatory and Medical Affairs Operations PEAK Matrix Assessment 2024 by Everest Group. This recognition underscores IQVIA’s impact on the market and delivery effectiveness. The report emphasizes IQVIA's innovative approach and comprehensive solutions portfolio, which accelerates drug development and improves patient outcomes. Leveraging AI-enabled technology and a strong global presence, IQVIA addresses regulatory complexities and compliance demands. Their end-to-end solutions transform data into actionable insights, enhancing regulatory and medical decision-making. Key technologies include IQVIA RIM Smart and productivity tools for electronic submissions.
IQVIA Holdings (NYSE: IQV) will release its second-quarter 2024 financial results on July 22, 2024, before market open.
A conference call and webcast hosted by the management team will follow at 9:00 a.m. ET. The earnings release and financial information will be available on the IQVIA Investor Relations website. Registration is required to participate in the conference call, with details provided upon confirmation. A webcast replay will be accessible about two hours after the live event.
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