Medpace Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 22, 2024 at 04:15 pm EDT
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Medpace Holdings, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 511.04 million compared to USD 434.07 million a year ago. Net income was USD 102.59 million compared to USD 72.89 million a year ago.
Basic earnings per share from continuing operations was USD 3.32 compared to USD 2.35 a year ago. Diluted earnings per share from continuing operations was USD 3.2 compared to USD 2.27 a year ago.
Medpace Holdings, Inc. is a global provider of clinical research-based drug and medical device development services. The Company is focused on providing scientifically driven outsourced clinical development services to the biotechnology, pharmaceutical and medical device industries. The Company partners with pharmaceutical, biotechnology, and medical device companies in the development and execution of clinical trials. Its drug development services focus on full-service Phase I-IV clinical development services and include development plan design, coordinated central laboratory, project management, regulatory affairs, clinical monitoring, data management and analysis, pharmacovigilance new drug application submissions, and post-marketing clinical support. The Company also provides bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. Its operations are based in North America, Europe, and Asia.