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Financial Report: ICON

Revenues up 13% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

ICON

2Q Revenues: $376 million (+13%)

2Q Earnings: $40.8 million (+54%)

YTD Revenues: $726 million (+12%)

YTD Earnings: $77.0 million (+57%)

Comments: Gross business wins were $521 million in the quarter, representing a gross book to bill of 1.38. Net business wins were $458 million, representing a net book to bill of 1.22. Earnings in the quarter exclude restructuring and other items.

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