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Financial Report: ICON

Revenues up 21% in the quarter

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By: Tim Wright

Editor-in-Chief, Contract Pharma

ICON
 
2Q Revenues: $334.2 million (+21%)
 
2Q Earnings: $26.5 million (+105%)

YTD Revenues: $651 million (+23%)
 
YTD Earnings: $48.7 million (+122%)
 
Comments: Gross business wins in the quarter were $496 million, representing a book to bill of 1.48. Net business wins were $364 million, representing a book to bill of 1.1 Restructuring charges were $4.6 million in the quarter and $58.3 million YTD.

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