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Stock impact report

5 Revealing Analyst Questions From Medpace's Q2 Earnings Call [Yahoo! Finance]

Medpace Holdings, Inc. (MEDP) 
Last medpace holdings, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.medpace.com
Company Research Source: Yahoo! Finance
Management credited the quarter's outperformance to a significant decline in project cancellations, improved funding across key clients, and an increased mix of faster-executing clinical research projects, particularly in metabolic therapeutic areas. CEO August Troendle noted that the increase in award notifications and lower cancellations led to backlog conversion rates that were the highest in the past five quarters. He added, “Cancellations were down across the pipeline and awards recognized in the backlog were the highest in the past 5 quarters.” Is now the time to buy MEDP? Find out in our full research report (it's free). Revenue: $603.3 million vs analyst estimates of $542 million (14.2% year-on-year growth, 11.3% beat) EPS (GAAP): $3.10 vs analyst estimates of $3.00 (3.5% beat) Adjusted EBITDA: $130.5 million vs analyst estimates of $117 million (21.6% margin, 11.5% beat) The company lifted its revenue guidance for the full year to $2.47 billion at the midpoint from Show less Read more
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