ICON plc (ICLR) Reports In-Line Q2 EPS

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Go back to ICON plc (ICLR) Reports In-Line Q2 EPS

ICON Reports Second Quarter 2016 Results

July 26, 2016 6:00 AM EDT

Highlights

Record net business wins of $502 million, a net book to bill of 1.22. Backlog of business grows 8.6% year on year to surpass $4 billion for the first time. Net revenue increases 5.7% to $411 million in the quarter. Income from operations increases 14.5% to $78 million, before non-recurring charges. Earnings per share increases 20% to $1.14, before non-recurring charges. Announces share repurchase programme of up to c$400 million. Earnings guidance for 2016 re-affirmed in the range of $4.60 - $4.80... More