ICON plc (ICLR) Tops Q3 EPS by 19c, Updates FY Guidance

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ICON Reports Third Quarter 2020 Results

October 21, 2020 4:15 PM EDT

Highlights

Record net business wins in the quarter of $990 million; a book to bill of 1.41. Record closing backlog of $9.4 billion, an increase of 11.8% year on year. Quarter 3 reported revenue of $701.7 million representing a year on year decrease of 1.2% and 13.1% increase on Quarter 2 2020. Adjusted earnings per share attributable to the Group for the quarter of $1.72, compared to $1.74 in Quarter 3 2019. Year to date earnings per share* attributable to the group of $4.63, compared to $5.06 for the equivalent prior year... More