IQVIA Holdings Boosts Guidance After a Strong Quarter

IQVIA Holdings (NYSE: IQV), a provider of contract research services and data to the life sciences industry, reported its second-quarter earnings on Wednesday.

As predicted, revenue continues to grow at a modest clip on the back of strong win rates. Management successfully used the increased sales leverage to drive margin expansion, which helped fuel outsized growth on the bottom line. When combined with stock buybacks, adjusted earnings per share continues to grow at a double-digit rate.

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