IQVIA HOLDINGS Reports Fourth Quarter Earnings Results for FY2022
February 23, 2023
Earnings Overview
IQVIA HOLDINGS ($BER:QTS) reported total revenue of USD 227.0 million for the fourth quarter of FY2022, ending December 31st, 2022, a decline of 28.6% from the same quarter of the previous year. Net income for the quarter was USD 3739.0 million, representing a year-over-year increase of 2.8%.
Price History
IQVIA HOLDINGS reported its fourth quarter earnings results for its fiscal year 2022 on Friday. The stock opened at €213.0 and closed at the same price, representing a 2.5% decrease from the previous closing price of €218.5. Despite the decline in the stock price, investors were encouraged by the performance of IQVIA HOLDINGS in its most recent financial period. IQVIA HOLDINGS’ fourth quarter results were driven by strong growth in its data and analytics, technology, and services businesses.
Furthermore, the company’s investments in digital transformation and artificial intelligence boosted its financial performance during this period. The company is confident that it will be able to capitalize on these investments and continue to grow its business in the future. Overall, IQVIA HOLDINGS’ fourth quarter financial performance was encouraging and investors are optimistic about the company’s prospects for the remaining fiscal year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Iqvia Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 14.41k | 1.09k | 7.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Iqvia Holdings. More…
| Operations | Investing | Financing |
| 2.26k | -2.01k | -329 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Iqvia Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 25.34k | 19.57k | 31.04 |
Key Ratios Snapshot
Some of the financial key ratios for Iqvia Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.1% | 29.0% | 12.3% |
| FCF Margin | ROE | ROA |
| 11.0% | 20.0% | 4.4% |
Analysis
GoodWhale’s Star Chart analysis of IQVIA HOLDINGS shows that the company is strong in growth, medium in profitability and weak in asset, dividend. With 8 out of 10 health score, it indicates that IQVIA HOLDINGS is capable to sustain future operations in times of crisis. Moreover, GoodWhale has classified IQVIA HOLDINGS as ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given its star chart and classification, IQVIA HOLDINGS may be attractive to investors who are willing to take risk for potential higher return. For example, long-term investors looking for growth and investors focusing on technology or health-care sectors. Furthermore, aggressive investors who want to buy stocks at low prices and looking for higher return may be interested in IQVIA HOLDINGS as well. More…
Summary
IQVIA HOLDINGS saw a decrease in total revenue for the fourth quarter of FY2022, down 28.6% year over year.
However, net income was up 2.8%. The company is focused on providing data-driven healthcare solutions and is well-positioned to capitalize on the growth in the healthcare industry. Investors should look for potential opportunities to take advantage of this growth and capitalize on market trends. With the potential for continued success, IQVIA HOLDINGS is a good choice for those seeking a strong return on their investments.
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