ICON plc (ICLR) Tops Q1 EPS by 2c
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ICON Reports First Quarter 2023 Results
April 26, 2023 4:32 PM EDTHighlights
Net business wins in the quarter of $2,415 million; a net book to bill of 1.22. Closing backlog of $21.2 billion, an increase of 2.4% on quarter four 2022 or an increase of 8.4% on quarter one 2022. First quarter revenue of $1,978.6 million representing an increase of 4.0% on prior year revenue and 5.3% on a constant currency organic basis. Quarter one adjusted EBITDA of $399.1 million or 20.2% of revenue, an increase of 17.2% on quarter one 2022. GAAP net income attributable to the Group for quarter one of $116.7 million or $1.41 per diluted share. Quarter one adjusted net... More