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Medpace Holdings Stock Tumbles On Q2 Earnings: What Investors Need To Know
Medpace Holdings Inc (NASDAQ:MEDP) shares are falling in Monday’s after-hours session after the company reported mixed financial results and adjusted its forward guidance.
Q2 Revenue: $528.1 million, versus estimates of $528.44 million
Q2 EPS: $2.75, versus estimates of $2.54
Total revenue was up 14.6% on a year-over-year basis. Medpace said its backlog increased 13.7% year-over-year to $2.925 billion.
The company generated $116.4 ...