ICON plc (ICLR) Tops Q1 EPS by 4c; Updates FY15 Outlook
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ICON Reports First Quarter 2015
April 28, 2015 6:00 AM EDTHighlights
Quarter 1 net revenue increased 11% year on year to $388 million, a 13% increase on a constant organic dollar basis. Income from operations was $66.7 million or 17.2% of revenue as reported. Excluding a one off foreign exchange revaluation gain, operating margin equated to 16.4%. Earnings per share were 90 cents. Excluding the one off foreign exchange revaluation gain, earnings per share were 86 cents. Gross business wins were $516 million, representing a gross book to bill of 1.33. Net business wins were $454 million, representing a net book to bill of 1.17.... More