ICON plc (ICLR) Tops Q1 EPS by 2c, Withdraws FY20 Guidance

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Go back to ICON plc (ICLR) Tops Q1 EPS by 2c, Withdraws FY20 Guidance

ICON Reports First Quarter 2020 Results

April 22, 2020 4:15 PM EDT

Highlights

Net business wins in the quarter of $867 million; a book to bill of 1.21. Record closing backlog of $8.7 billion, an increase of 10.4% year on year. Quarter 1 reported revenue of $715.1 million representing a 6.0% year on year increase or 6.5% on a constant currency basis. Adjusted earnings per share attributable to the Group for the quarter of $1.70, an increase of 4.3% over Quarter 1 2019. $175.0 million worth of stock repurchased at an average price of... More