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ICON plc (ICLR) Tops Q3 EPS by 1c

October 20, 2016 9:26 AM

ICON plc (NASDAQ: ICLR) reported Q3 EPS of $1.19, $0.01 better than the analyst estimate of $1.18. Revenue for the quarter came in at $420 million versus the consensus estimate of $420.14 million.

CEO Ciaran Murray commented, “Quarter three was a strong quarter for ICON. Net business wins were $510 million, representing a book to bill of 1.21 and our backlog grew by almost 12% over last year to $4.25 billion. As a result revenue grew 6.4% over the same quarter last year to $420 million and earnings per share increased by 17% to $1.19. Our continuing success in winning business, growing our backlog and diversifying our customer base positions us well for future growth."

For earnings history and earnings-related data on ICON plc (ICLR) click here.

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