Financial News

Financial Report: ICON

Revenues up 6% in the quarter

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

ICON   2Q Revenues: $410.6 million (+6%) 2Q Earnings: $64.7 million (+10%)* YTD Revenues: $811.2 million (+4%) YTD Earnings: $127.6 million (+12%)* Comments: Gross business wins in the second quarter were a record $622 million and cancellations in the quarter were $120 million, resulting in record net business wins of $502 million, a net book to bill of 1.22. Income from operations in the quarter increased by 15% to $78.0 million or 19.0% of revenue, compared to $68.1 million or 17...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters