IQVIA Holdings, Inc. · NYSE:IQV

IQVIA — Quintiles — Q3 2013 Earnings Presentation

15 slides from IQVIA's earnings presentation, Oct 31, 2013

  1. Slide 1: Third Quarter 2013 Earnings Call

    Third Quarter 2013 Earnings Call October 31, 2013 Copyright © 2013 Quintiles

  2. Slide 2: Forward-Looking Statements and Use of Non-GAAP Financial Measures

    Forward-Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking statements that reflect, among other things, the Company’s current expectations and anticipated results of operations, all of which are subject to known and unknown risks, uncertainties and o

  3. Slide 3: Third Quarter 2013 Overview

    Third Quarter 2013 Overview Continue to execute on strategy • Strong new business across both segments of the business • Differentiating based on the breadth and depth of our capabilities • Continued acquisition strategy by acquiring Novella • Focus on operational effectiveness programs and quality

  4. Slide 4: Financial Statement Highlights and Other Metrics

    Financial Statement Highlights and Other Metrics Three Months Ended September 30 Nine Months Ended September 30 (millions of dollars) 2013 2012 Change 2013 2012 Change Net New Business $ 1,341.0 $ 1,042.0 29.0% $ 3,600.0 $ 2,994.0 20.0% Service Revenues $ 932.7 $ 913.6 2.1% $ 2,804.4 $ 2,746.5 2.1%

  5. Slide 5: Segment Performance

    Segment Performance Service Revenues and Income from Operations Product Development Integrated Healthcare Services $714.2 $677.2 $218.5 $236.4 800 Three Months Ended 250 Three Months Ended September 30 200 September 30 $ Millions 600 $ Millions 150 400 $140.6 $121.2 100 $11.7 $12.4 200 50 0 0 2013 2

  6. Slide 6: 2013 Guidance Update

    2013 Guidance Update Service Revenues range of $3.77 billion to $3.80 billion • 4.1% to 4.9% year over year projected constant currency growth Diluted Adjusted Earnings per share range of $2.03 to $2.09 • 14.7% to 18.1% year over year growth range at forecasted rates Annual Effective Income Tax Rate

  7. Slide 7: Summary of Third Quarter Achievements

    Summary of Third Quarter Achievements 1• Increase market penetration with  29% net new business growth in third quarter profitable growth  IHS book to bill ratio of 1.2 times, above historical average of 1.1 times  $9.6 billion of backlog  Increased market share gains in Product Development meas

  8. Slide 8: Supplemental Information

    Supplemental Information Constant Currency Reconciliation Contractual Revenue Currency Mix and Foreign Exchange Analysis Income Statement Non-GAAP Reconciliation Adjusted Net Income and EPS Reconciliation Adjusted EBITDA Reconciliation Non-GAAP 2013 Guidance Reconciliation 8

  9. Slide 9: Constant Currency Reconciliation

    Constant Currency Reconciliation Service Revenues and Income from Operations (millions of dollars) Three Months Ended September 30, 2013 Year on Year Growth Exchange Exchange Consolidated Actual Impact Constant Actual Impact Constant Service Revenues $ 932.7 $ (17.8) $ 950.5 2.1% -1.9% 4.0% Income f

  10. Slide 10: Contractual Revenue Currency Mix and Foreign Exchange Analysis

    Contractual Revenue Currency Mix and Foreign Exchange Analysis Consolidated Service Revenues (millions of dollars) 1 USD Sterling Euro Yen Other Total 3Q '13 $604.4 $72.1 $153.0 $82.2 $21.0 $932.7 % of total 65% 8% 16% 9% 2% 100% 3Q '12 $595.4 $26.1 $162.8 $114.6 $14.7 $913.6 % of total 65% 3% 18% 1

  11. Slide 11: GAAP – Non-GAAP Reconciliation

    Income Statement GAAP – Non-GAAP Reconciliation Selling, Income Net Income Three Months Ended September 30, 2013 General and from Attributable (millions of dollars) Administrative Operations to Quintiles As Reported $ 199.6 $ 125.3 $ 66.8 Adjustments Restructuring Costs - 7.2 7.2 Tax Effect of Adjus

  12. Slide 12: GAAP – Non-GAAP Reconciliation

    Income Statement GAAP – Non-GAAP Reconciliation Selling, Income Net Income Nine Months Ended September 30, 2013 General and from Attributable (millions of dollars) Administrative Operations to Quintiles As Reported $ 627.7 $ 335.3 $ 153.6 Adjustments Restructuring Costs - 11.9 11.9 Management Fees (

  13. Slide 13: Reconciliation of Net Income to Non-GAAP Adjusted Net Income and Diluted Adjusted EPS

    Reconciliation of Net Income Attributable to Quintiles to Non-GAAP Adjusted Net Income and Diluted Adjusted EPS Three Months Ended September 30 Nine Months Ended September 30 1 1 1 1 (millions of dollars) 2013 1 2012 2013 2012 1 1 1 1 EPS EPS EPS EPS Net Income Attributable to Quintiles $ 66.8 $ 0.5

  14. Slide 14: Reconciliation of Net Income to Non-GAAP Adjusted EBITDA

    Reconciliation of Net Income Attributable to Quintiles to Non-GAAP Adjusted EBITDA Three Months Ended September 30 Nine Months Ended September 30 (millions of dollars) 2013 2012 2013 2012 Net Income Attributable to Quintiles $ 66.8 $ 52.1 $ 153.6 $ 142.6 Income from Noncontrolling Interests (0.2) (0

  15. Slide 15: Non-GAAP 2013 Guidance Reconciliation

    Non-GAAP 2013 Guidance Reconciliation Non-GAAP Adjusted Diluted Adjusted Net Income Earnings Per Share (millions of dollars) Low High Low High Net income attributable to Quintiles $218 - $226 $1.71 - $1.77 Restructuring costs 15 - 15 0.12 - 0.12 Management fees 28 - 28 0.22 - 0.22 Loss on extinguish

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