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MEDPEarnings Analysis财报电话会Source pending来源待核by InvestLog AIInvestLog AI 整理
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MEDP earnings call: Full year 2026 total revenue is now expected in the range of $2.835 billion to $2.855 billion representing growth of 12% to 12.8% over 2025 total revenue of $2.53 billion Our 2026 EBITDA is now expected in the range of $638 million to $652 million representing growth of 14.4% to 16.9% compared to EBITDA of $557.7 million in 2025.Medpace Holdings, Inc. (MEDP) 电话会:我们预计2026年全年总营收区间为28.35亿至28.55亿美元,较2025年总营收25.3亿美元增长12%至12.8%;预计2026年EBITDA区间为6.38亿至6.52亿美元,较2025年的5.577亿美元EBITDA增长14.4%至16.9%。

Management remarks

Call period: 2026 Q3 · 2026-10-22

  • Guidance: Kevin Brady: Full year 2026 total revenue is now expected in the range of $2.835 billion to $2.855 billion representing growth of 12% to 12.8% over 2025 total revenue of $2.53 billion Our 2026 EBITDA is now expected in the range of $638 million to $652 million representing growth of 14.4% to 16.9% compared to EBITDA of $557.7 million in 2025.
  • Demand and orders: Kevin Brady: Net new business awards entering backlog in the third quarter increased 10.6% from the prior year to $873 million Net new business awards entering backlog over the last 12 months increased $3.02 billion representing a year over year increase of 23.9%.
  • Margins: Kevin Brady: Year to date EBITDA margin was 22.3%, compared to 21.8%.
  • Analyst Q&A

  • Analyst Christine Rains asked: The pass through revenue mix came in nicely below your prior 41% to 42% expectation for the second half. Is that range still the right expectation for 2H? Management Kevin Brady answered: Yeah, good question. I expect it to be somewhere around where we finished the third quarter. So kind of 40 to 40.5% based on our.
  • 管理层陈述

    电话会期间:2026 Q3 · 2026-10-22

  • 指引:凯文·布雷迪:我们预计2026年全年总营收区间为28.35亿至28.55亿美元,较2025年总营收25.3亿美元增长12%至12.8%;预计2026年EBITDA区间为6.38亿至6.52亿美元,较2025年的5.577亿美元EBITDA增长14.4%至16.9%。
  • 需求与订单:凯文·布雷迪:第三季度新增业务订单计入积压订单的规模同比增长10.6%至8.73亿美元;过去12个月新增业务订单计入积压订单的规模达30.2亿美元,同比增幅23.9%。
  • 利润率:凯文·布雷迪:年初至今EBITDA利润率为22.3%,去年同期为21.8%。
  • 分析师问答

  • 分析师克里斯汀·雷恩斯提问:代收转付收入占比远低于你们此前对下半年41%至42%的预期,该区间是否仍符合下半年的预期?管理层凯文·布雷迪回答:是的,这是个好问题。我预计该比例将接近第三季度末的水平,约为40%至40.5%。
  • For information only. Not investment advice.内容仅供参考,不构成投资建议。