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Jefferies Raises Price Target on ICON plc (ICLR) to $87.50; Reiterates Hold

Go back to Jefferies Raises Price Target on ICON plc (ICLR) to $87.50; Reiterates Hold

ICON Announces Executive Leadership Transition

October 20, 2016 4:15 AM EDT

Mr. Ciaran Murray to transition to Chairman, effective 1st March 2017 Dr. Steve Cutler to be appointed Chief Executive Officer, effective 1st March 2017

DUBLIN--(BUSINESS WIRE)-- ICON plc, (NASDAQ: ICLR) a global provider of drug development solutions and services to the pharmaceutical, biotechnology and medical device... More

ICON Reports Third Quarter 2016 Results

October 20, 2016 4:00 AM EDT

Highlights

Net business wins of $510 million; net book to bill of 1.21. Backlog of business grows 11.8% year on year to $4.25 billion. Net revenue increases 6.4% to $420 million in the quarter. Income from operations increases 13.7% to 19.3% of revenue before non-recurring charges. Earnings per share increases 17% to $1.19 before non-recurring charges.

DUBLIN--(BUSINESS WIRE)--... More