ICON plc (ICLR) PT Raised to $154 at Mizuho Securities

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ICON Reports Fourth Quarter and Full Year 2018 Results

February 20, 2019 4:15 PM EST

Highlights

Record net business wins* in the quarter of $607 million, a book to bill of 1.25. Full year net business wins* of $2.4 billion, a net book to bill of 1.27. Record closing backlog* of $5.4 billion, an increase of 9.7% year on year. Quarter 4 reported revenue of $679.0 million. Full year reported revenue of $2,596 million. This represents a 6.5% increase year on year for Quarter 4* and a full year revenue increase of 7.9%*. Quarter 4 reported income from operations was $101.8 million, or 15.0% of revenue. Full year reported income from... More