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Financial Report: ICON

Revenues up 14% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

ICON

3Q Revenues: $388 million (+14%)

3Q Earnings: $50.3 million (+81%)

YTD Revenues: 1.1 billion (+12%)

YTD Earnings:$127.3 million (+66%)

Comments: Income from operations was $59.4 million or 15% of revenue. Gross business wins were $504 million in the quarter, representing a gross book to bill of 1.3. Net business wins were $468 million, representing a net book to bill of 1.21.

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