Healthcare
Diagnostics & Research
$34.66B
87K
Key insights and themes extracted from this filing
IQVIA reported revenues of $3.737 billion, a 2.3% increase compared to $3.652 billion in the same quarter last year. This growth is primarily attributed to increases in Technology & Analytics, Research & Development, and Contract Sales & Medical Solutions.
Net income decreased slightly to $288 million, compared to $289 million in the same quarter of the previous year. This indicates a slight contraction in profitability despite revenue growth.
Net cash provided by operating activities increased to $522 million, compared to $417 million in the same quarter last year. This increase suggests improved efficiency in managing working capital and generating cash from operations.