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Financial Report: Syneos Health

Clinical Solutions revenue up 8% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

Financial Report: Syneos Health 2Q Revenues: $1.2 billion (+9%)     2Q Earnings: $11.3 million (-17%) YTD Revenues: $2.3 billion (+7%) YTD Loss: $18.7 million (loss of $11 million YTD 2018) Comments: Clinical Solutions revenue increased 8% to $849.9 million in the quarter, primarily due to net new business growth, favorable revenue mix, and higher growth in reimbursable expenses, partially offset by the impact of fluctuations in foreign currency exchange rates. Commercial Solutions revenue ...

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