logo
Share SHARE
FONT-SIZE Plus   Neg

ICON Q1 Profit Declines - Quick Facts

ICON Plc (ICLR) posted first-quarter net income of $9 million or $0.15 per share, lower than last year's $12.8 million or $0.21 per share.

Quarterly revenues grew 10% to $252.3 million from $229.3 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share on revenues of $256.04 million for the quarter. Analysts' estimates typically exclude special items.

Chief executive officer, Ciaran Murray, stated, "We continue to see the benefits of our strategic investment decisions, with record gross business wins of $485 million, resulting in a backlog increase of 23% year on year, revenue of $252 million up 10% on last year and earnings of 15 cents."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Procter & Gamble Co., (PG) Tuesday announced the promotion of David Taylor to the role of Chief Executive Officer, as the consumer goods giant replaces Chief Executive A.G. Lafley for the second time. David Taylor, a 35-year-veteran and currently Group President of Global Beauty, Grooming and Health... Anadarko Petroleum reported a plunge in second-quarter profit, hurt by weak oil prices, partly offset by some derivative gains. However, its earnings topped Street estimates, driven by operational efficiencies and sales of higher-margin oil. Anadarko shares... Micro-blogging site Twitter Inc said Tuesday after the markets closed that its second quarter net loss narrowed from last year, as revenue surged 61%. The company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
Follow RTT