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Financial Report: ICON

1Q revenues up 10%

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By: Tim Wright

Editor-in-Chief, Contract Pharma

ICON

1Q Revenues: $252.3 million (+10%)

1Q Earnings: $9.0 million (-30%)

Comments: Operating income in the quarter was 5% or $11.7 million. New business awards totaled $385 million and the book-to-bill ratio was 1.5.

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