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Medpace Holdings (MEDP) Stock News, Mar 2022-Mar 2023

MEDP Nasdaq

Medpace Holdings, Inc. reports developments in its global, full-service clinical contract research organization business, providing Phase I-IV clinical development services to biotechnology, pharmaceutical and medical device companies. Company news centers on quarterly and annual operating results, conference-call announcements and performance measures used in the CRO model, including revenue, EBITDA, backlog conversion, net new business awards and book-to-bill ratios.

Updates also describe Medpace's therapeutic and regulatory expertise across major development areas such as oncology, cardiology, metabolic disease, endocrinology, central nervous system, and anti-viral and anti-infective programs.

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Medpace Holdings (Nasdaq: MEDP) will report its Q1 2023 financial results on April 24, 2023, after market close. A conference call is scheduled for April 25, 2023, at 9:00 a.m. ET to discuss these results. Interested participants can register in advance through a provided link and are encouraged to join 10 minutes early. The call will also be accessible via webcast on Medpace's investor relations website, where a replay will be available afterwards. Additionally, a supplemental slide presentation will be posted on the site prior to the call.

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Medpace Holdings, Inc. (Nasdaq: MEDP) reported a 27.7% increase in fourth-quarter 2022 revenue, reaching $394.1 million, compared to $308.6 million in Q4 2021. The net income for Q4 2022 rose to $68.7 million or $2.12 per diluted share, up from $50.0 million or $1.32 per diluted share the previous year. Full-year 2022 revenue was $1,460.0 million, a 27.8% increase. The company forecasts 2023 revenue between $1.690 billion and $1.750 billion, implying growth of 15.8% to 19.9%.

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Medpace Holdings, Inc. (NASDAQ: MEDP) will release its fourth quarter and fiscal year 2022 financial results on February 13, 2023, after market close. A conference call is scheduled for February 14, 2023, at 9:00 a.m. ET to discuss these results. Participants can register in advance through the provided link. The call will also be accessible via webcast on Medpace's investor website, with a replay available after the event. Medpace is a global clinical contract research organization offering comprehensive services across various therapeutic areas.

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Medpace Holdings, Inc. (NASDAQ: MEDP) reported third-quarter 2022 revenue of $383.7 million, up 29.8% year-over-year. Net new business awards reached $470.9 million, yielding a net book-to-bill ratio of 1.23x. GAAP net income was $66.0 million or $2.05 per diluted share, compared to $48.6 million or $1.29 in Q3 2021, with a net income margin of 17.2%. EBITDA increased 48.5% to $89.3 million. The outlook for 2022 anticipates revenue of $1.440 billion to $1.460 billion.

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Medpace Holdings, Inc. (Nasdaq: MEDP) will release its third quarter 2022 financial results after market close on October 24, 2022. A conference call will follow on October 25, 2022, at 9:00 a.m. ET to discuss these results. Interested parties can register here. A supplemental slide presentation will be available in the 'Investors' section of their website.

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Medpace Holdings, Inc. (MEDP) reported a revenue of $351.2 million for Q2 2022, a 26.2% increase from $278.3 million a year earlier. Net new business awards rose by 16.3% to $450.6 million, achieving a net book-to-bill ratio of 1.28x. The company posted a GAAP net income of $49.4 million, or $1.46 per diluted share, marking a significant increase from the $39.9 million in Q2 2021. EBITDA climbed 42.0% to $68.1 million, equating to a margin of 19.4%. Medpace forecasts 2022 revenue between $1.405 billion and $1.435 billion.

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Medpace Holdings, Inc. (NASDAQ: MEDP) will release its Q2 2022 financial results on July 25, 2022, after market close. A conference call is scheduled for July 26, 2022, at 9:00 a.m. ET to discuss the results. Interested participants can register via a provided link or join through the investors section of the Medpace website. A supplemental slide presentation will also be made available ahead of the call. Medpace is a full-service clinical contract research organization focusing on biotechnology, pharmaceuticals, and medical devices.

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Medpace Holdings reported a 27.3% increase in revenue for Q1 2022, reaching $330.9 million, up from $260.0 million in Q1 2021. The company achieved net new business awards of $423.0 million, resulting in a net book-to-bill ratio of 1.28x. GAAP net income rose to $61.3 million ($1.69 per diluted share), compared to $43.3 million ($1.14 per diluted share) last year. EBITDA increased by 31.3% to $70.4 million, with a margin of 21.3%. The firm forecasts 2022 revenue between $1.400 billion and $1.460 billion.

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Medpace (MEDP), a clinical research organization, has partnered with Matthew 25: Ministries to support humanitarian efforts in Ukraine. The organization donated over $2.5 million for the shipping and distribution of essential aid to hundreds of thousands in need. Both Medpace and Matthew 25 emphasize the urgency of the crisis and the significant impact of this contribution. Medpace operates in Ukraine and Poland, making this initiative particularly relevant for its employees and community.

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Medpace Holdings, Inc. (NASDAQ: MEDP) will release its first quarter 2022 financial results on April 25, 2022, after market close. A conference call is scheduled for April 26, 2022, at 9:00 a.m. ET to discuss the results. Interested participants can join by dialing 800-219-7113 (domestic) or 574-990-1030 (international) with passcode 3191816, or access the call via webcast on Medpace’s website. The call will be available for replay until May 3, 2022.

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FAQ

What is the current stock price of Medpace Holdings (MEDP)?

Medpace Holdings (MEDP) last closed at $612.05.

What is the market cap of Medpace Holdings (MEDP)?

The market cap of Medpace Holdings (MEDP) is approximately $17.1B.