ICON plc (ICLR) Tops Q2 EPS by 1c
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ICON Reports Second Quarter 2017 Results
July 27, 2017 6:00 AM EDTHighlights
Record net business wins of $563 million; net book to bill of 1.31. Backlog of business grew 10% year on year to $4.44 billion. Net revenue increased 5.0% to $431 million compared to the same quarter last year, 6.0% on a constant currency basis. Top customer revenue concentration reduced from 28% of revenue in Q2 2016 to 19.9% in Q2 2017. Income from operations, before non-recurring charges, increased 10% to 19.9% of revenue compared to the same quarter last year. Earnings per share, before non-recurring charges, increased 15% to $1.31 year on... More