Financial News

Financial Report: ICON

Revenues up 2% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

ICON   3Q Revenue: $394.7 million (+2%) 3Q Earnings: $61.5 million (+22%) YTD Revenue: $1.2 billion (+5%) YTD Earnings: $176 million (+38%) Comments: Net business wins were $475 million in the quarter, representing a net book to bill of 1.20. Income from operations was up 20% in the quarter to $71.4 million or 18% of revenue....

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