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Financial Report: ICON

Revenues up 13% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

ICON   4Q Revenues: $390 million (+13%) 4Q Earnings: $54.0 million (+61%) FY Revenues: $1.5 billion (+13%) FY Earnings: $181.3 million (+65%) Comments: Income from operations was $60.4 million or 16% of revenue, compared to $38.7 million or 11% in 4Q13. Net business wins in the quarter were $469 million, representing a net book to bill of 1.20. Full year new business awards were $1.8 billion, representing a net book to bill of 1.21....

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