ICON plc (ICLR) Tops Q4 EPS by 1c

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ICON Reports Fourth Quarter and Full Year 2015 Results and Issues 2016 Earnings Guidance

February 23, 2016 6:00 AM EST

Highlights

Quarter 4 gross business wins of $565 million, a gross book to bill of 1.40. Net business wins of $471 million, a net book to bill of 1.17. Full year net business wins of $1.9 billion, a net book to bill of 1.20. Quarter 4 net revenue increased 8.0% year on year on a constant currency basis to $403 million. Full Year 2015 net revenue increased 10.0% on a constant currency basis to $1,575 million. Quarter 4 income from operations up 24.7% year on year to $75.3 million or 18.7% of revenue. Full year 2015 income from operations up 33% to $281.5 million or 17.9% of revenue.... More