Medpace Holdings Inc is a global contract research organization (CRO) that specializes in providing a range of services to the pharmaceutical and biotechnology industries
The company supports clients throughout the drug development process, offering expertise in clinical trials, regulatory compliance, and data management. Medpace focuses on delivering efficient and high-quality clinical services across various therapeutic areas, helping to streamline the path from clinical research to market approval. Through its integrated approach, the company aims to accelerate the development of new treatments while ensuring adherence to safety and regulatory standards.
Clinical research company Medpace Holdings (NASDAQMEDP) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.7% year on year to $536.6 million. On the other hand, the company’s full-year revenue guidance of $2.16 billion at the midpoint came in 3.5% below analysts’ estimates. Its GAAP profit of $3.67 per share was 24.1% above analysts’ consensus estimates.
