ICON plc (ICLR) Tops Q4 EPS by 7c; Reaffirms
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ICON Reports Fourth Quarter and Full Year 2016 Results
February 16, 2017 6:00 AM ESTHighlights
Quarter 4 gross business wins of $605 million, a gross book to bill of 1.39. Net business wins of $434 million, a net book to bill of 1.0. Full year gross business wins of $2.3 billion, a gross book to bill of 1.39, net business wins of $1.9 billion, a net book to bill of 1.13. Quarter 4 net revenue increased 7.9% year on year to $435 million. Full year 2016 net revenue increased 5.8% to $1,666 million. Quarter 4 income from operations up 12.3% year on year to $84.6 million or 19.5% of revenue. Full year 2016 income from operations up 13.6% to $319.9 million or 19.2% of... More