Medpace Holdings Stock Soars After Company Tops Q2 Earnings Estimates, Raises 2025 Outlook

Medpace Holdings Inc (NASDAQ:MEDP) shares are soaring in Monday’s after-hours session after the company reported strong financial results for the second quarter and raised its full-year guidance. Here’s what you need to know.

Q2 Revenue: $603.3 million, versus estimates of $537.97 million

Q2 EPS: $3.10, versus estimates of $2.97

Total revenue was up 14.2% year-over-year. New business awards totaled $620.5 million in the quarter, up 12.6% year-over-year. The company ended the period with a backlog of approximately $2.87 ...