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Stock impact report

Syneos Health Reports First Quarter 2020 Results

Syneos Health, Inc. - Class A (SYNH) 
Last syneos health, inc. - class a earnings: 4/30 06:33 am Check Earnings Report
US:NASDAQ Investor Relations: investor.incresearch.com/investors
Company Research Source: GlobeNewswire
Highlights GAAP revenue of $1,163.4 million for the three months ended March 31, 2020, representing growth of 4.0%, 3.8% on an adjusted basis, and 4.4% on a constant currency adjusted basis compared to the same period in 2019.Net new business awards of $1,531.6 million and $5,724.7 million for the three and twelve months ended March 31, 2020, representing a book-to-bill ratio of 1.32x and 1.21x, respectively. Clinical Solutions segment net new business awards of $1,224.2 million and $4,451.3 million for the three and twelve months ended March 31, 2020, representing a book-to-bill ratio of 1.40x and 1.27x, respectively. Clinical Solutions net new business awards represented a record first quarter and drove backlog growth of 12.3%.Commercial Solutions segment net new business awards of $307.4 million and $1,273.4 million for the three and twelve months ended March 31, 2020, representing a book-to-bill ratio of 1.07x and 1.04x, respectively. GAAP net income of $33.6 million and GAAP dil Show less Read more
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