Quintiles (Q) Tops Q1 EPS by 1c

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Go back to Quintiles (Q) Tops Q1 EPS by 1c

Quintiles Announces Proposed Refinancing of Existing Indebtedness

April 29, 2015 6:20 AM EDT

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- Quintiles Transnational Holdings Inc. (the Company or Quintiles) (NYSE: Q) announced today that it is proposing, subject to market and other conditions, to enter into $1.75 billion of new senior secured credit facilities consisting of a $500 million revolving credit facility and $1.25 billion of term loans, and to issue $800 million aggregate principal amount of unsecured debt. The Company intends to use the net proceeds of the offering of the unsecured debt, together with the new term loans, to refinance its existing credit facilities, as well as for general corporate purposes,... More

Quintiles 1st Quarter 2015 Results

April 29, 2015 6:00 AM EDT

$1.35 billion of net new business representing a 1.31 book-to-bill ratio 8.4% constant currency service revenue growth compared to the first quarter of 2014 $0.72 diluted adjusted earnings per share representing 5.9% growth compared to the first quarter of 2014 and first quarter GAAP reported diluted earnings per share of $0.68 Updating full year 2015 service revenue constant currency growth guidance to 7.0% - 8.0% compared to full year 2014 and reaffirming diluted adjusted EPS guidance of $3.02 - $3.13 per share, representing diluted adjusted EPS growth of 12% to 16% compared to full year 2014 $300 million expansion of... More