Iqvia Holdings, Inc. · NYSE:IQV

Iqvia — Quintiles Transnational Holdings — Q2 2016 Earnings Presentation

14 slides from Iqvia's earnings presentation, Jul 27, 2016

1. Slide 1: Second Quarter 2016 Earnings Call

   Second Quarter 2016 Earnings Call July 27, 2016 © Copyright 2016 Quintiles

2. Slide 2: Cautionary Statements Regarding Forward Looking Statements

   Cautionary Statements Regarding Forward Looking Statements This presentation contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. I

3. Slide 3: Second Quarter 2016 Overview

   Second Quarter 2016 Overview  8.6% service revenue growth, 7.9% at constant currency  19.2% diluted adjusted EPS growth with 6.0% diluted GAAP EPS growth  $1.64 billion of net new business, resulting in 24.4% growth and a 1.41 book-to-bill ratio  $12.5 billion of backlog as of June 30, 2016  $9

4. Slide 4: Financial Highlights and Other Metrics

   Financial Highlights and Other Metrics Three Months Ended June 30 Six Months Ended June 30 (millions of dollars) 2016 2015 Change 2016 2015 Change Net New Business $ 1,645.0 $ 1,322.0 24.4% $ 2,671.0 $ 2,668.0 0.1% Service Revenues $ 1,167.1 $ 1,074.4 8.6% $ 2,275.1 $ 2,104.3 8.1% Income from Operat

5. Slide 5: Segment Performance

   Segment Performance Service Revenues and Income from Operations Product Development Integrated Healthcare Services 2016 2015 2016 2015 900 $890.1 300 $288.0 Three Months Ended Three Months Ended $277.0 $786.4 750 275 June 30 $ Millions June 30 $ Millions 300 250 $187.0 $176.2 $25.8 150 30 $18.7 0 0

6. Slide 6: Full Year 2016 Guidance

   Full Year 2016 Guidance Constant currency service revenue growth range of 6.0% to 7.0% • Product Development approximately 10.0% • IHS decline of 3.0% to 6.0% Diluted adjusted earnings per share range of $3.78 to $3.88 – growth of 13.5% to 16.5% compared to 20151 • GAAP diluted earnings per share ra

7. Slide 7: Summary

   Summary 1 2016 first half review  8.2% constant currency revenue growth  21.3% diluted adjusted earnings per share growth and 17.8% diluted GAAP earnings per share growth  12.9% Product Development constant currency revenue growth  1.26 Product Development book-to-bill  $152.7 million cash flow

8. Slide 8: Supplemental Information

   Supplemental Information Constant Currency Reconciliation Contractual Revenue Currency Mix and Foreign Exchange Analysis Income Statement Non-GAAP Reconciliation Adjusted EBITDA Reconciliation Adjusted Net Income and EPS Reconciliation Non-GAAP 2016 Guidance Reconciliation 8

9. Slide 9: 2016 Constant Currency Reconciliation

   2016 Constant Currency Reconciliation Service Revenues and Income from Operations (millions of dollars) Three Months Ended June 30 Year on Year Growth Exchange Exchange Consolidated Actual Impact Constant Actual Impact Constant Service Revenues $ 1,167.1 $ 7.0 $ 1,160.1 8.6% 0.7% 7.9% Income from Op

10. Slide 10: Contractual Revenue Currency Mix and Foreign Exchange Analysis

    Contractual Revenue Currency Mix and Foreign Exchange Analysis Consolidated Service Revenues (millions of dollars) USD Sterling Euro Yen Other1 Total 2Q '16 $792.9 $64.3 $159.6 $110.8 $39.5 $1,167.1 % of total 68% 6% 14% 9% 3% 100% 2Q '15 $734.2 $68.2 $135.0 $99.0 $38.0 $1,074.4 % of total 68% 6% 13

11. Slide 11: Income Statement GAAP – Non-GAAP Reconciliation

    Income Statement GAAP – Non-GAAP Reconciliation 1 Reflects the portion of Q2 Solutions’ after-tax non-GAAP adjustments attributable to the minority interest partner. 2 The tax effect of adjustments was based on the income tax rate of the respective transactions, which was 38.5%, with the exception o

12. Slide 12: Reconciliation of Net Income to Non-GAAP Adjusted EBITDA

    Reconciliation of Net Income Attributable to Quintiles to Non-GAAP Adjusted EBITDA Three Months Ended June 30 Six Months Ended June 30 (millions of dollars) 2016 2015 2016 2015 Net Income Attributable to Quintiles $ 86.8 $ 85.0 $ 193.4 $ 171.3 Interest Expense, Net 21.6 24.0 47.0 48.5 Income Tax Exp

13. Slide 13: Reconciliation to Non-GAAP Adjusted Net Income and Diluted Adjusted EPS

    Reconciliation of Net Income Attributable to Quintiles to Non-GAAP Adjusted Net Income and Diluted Adjusted EPS Three Months Ended June 30 Six Months Ended June 30 (millions of dollars) 2016 1 2015 1 2016 1 2015 1 EPS EPS EPS EPS Net Income Attributable to Quintiles $ 86.8 $ 0.71 $ 85.0 $ 0.67 $ 193

14. Slide 14: Non-GAAP Full Year 2016 Guidance Reconciliation

    Non-GAAP Full Year 2016 Guidance Reconciliation Non-GAAP Adjusted Diluted Adjusted Net Income Earnings Per Share (millions of dollars) Low High Low High Net Income Attributable to Quintiles $ 395 $ 413 $3.26 $3.41 Restructuring Costs 46 41 0.38 0.34 Noncontrolling Interest Effect of Non-GAAP Adjustm

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