INC Research Holdings (INCR) Reports In-Line Q4 EPS

INC Research Holdings (NASDAQ: INCR) reported Q4 EPS of $0.67, in-line with the analyst estimate of $0.67. Revenue for the quarter came in at $263 million versus the consensus estimate of $269 million.

• Book-to-bill ratio of 1.1x and 1.2x for the fourth quarter and full year 2016, respectively.
• Net new business awards of $289.6 million and $1.22 billion for the fourth quarter and full year 2016, respectively.
• Net service revenue of $263.0 million for the fourth quarter, representing growth of 9.0%, and $1,030.3 million for the full year 2016, representing growth of 12.6%.
• GAAP diluted earnings per share of $0.68 and $2.03 for the fourth quarter and full year 2016, respectively.
• Adjusted diluted earnings per share of $0.67 for the fourth quarter, representing growth of 24.1%, and $2.50 for the full year 2016, representing growth of 25.0%.

For earnings history and earnings-related data on INC Research Holdings (INCR) click here.

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