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-0.00126430662762841 -0.00126430662762841 -0.00416722118711737 0.000299441043385786 -0.00103140803832846 0.000632153313814206 -0.0124018498802237 -0.00750266169816341
Stock impact report

Medpace shares soar on blowout Q3 results, solid 2025 outlook [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
research organization reported third-quarter earnings and revenue that exceeded analyst expectations, while also raising its full-year outlook above consensus estimates. The company reported adjusted earnings per share of $3.86 for the third quarter, beating analyst estimates of $3.53 by $0.33. Revenue jumped 23.7% YoY to $659.9 million, surpassing the consensus estimate of $640.99 million and reflecting strong demand for its clinical research services. "Our third quarter performance demonstrates the continued strength of our business model and our ability to execute effectively for our clients," said Medpace CEO. The company's stock soared nearly 19% in after-hours trading following the announcement, reflecting investors' positive reaction to both the quarterly results and improved guidance. Medpace reported net new business awards of $789.6 million in the third quarter, a 47.9% increase from the comparable prior-year period, resulting in a book-to-bill ratio of 1.20x. The comp Show less Read more
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