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Financial Report: ICON

Revenues up 6% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

ICON

3Q Revenues: $420.2 million (+6%)

3Q Earnings: $67.4 million (+10%)*

YTD Revenues: $1.2 billion (+5%)

YTD Earnings: $195.1 million (+11%)

Comments: Gross business wins in the third quarter were $572 million and cancellations in the quarter were $62 million, resulting in net business wins of $510 million, a net book to bill of 1.21.

*income before non-recurring charges of $4.1 million in relation to restructuring costs.

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