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Financial Report: ICON 2Q

New business awards in the quarter were $266 million, representing a book-to-bill ratio of 1.2.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

ICON 2Q

2Q Revenues: $220 million (+1%)

2Q Earnings: $22.8 million (+21%)

YTD Revenues: $439.8 million (+5%)

YTD Earnings: $43.7 million (+22%)

Comments: New business awards in the quarter were $266 million, representing a book-to-bill ratio of 1.2. Results in the quarter include one-time restructuring costs of $13.4 million.

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