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Medpace $MEDP hit $677.90 today, hitting a 52 week high, following its Q2 financial results that exceeded analyst expectations.
EPS: 4.25, est: 3.98
Quarterly GAAP net income rose to $121.4 million, up from $90.3 million in the same period last year.
The company's backlog of work climbed 4.9% to $3.01 billion.
The total of new business contracts reached $795.7 million, a 28.2% increase compared to $620.5 million in the same period last year.