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

Quick Facts

Editors Pick
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world. Toyota accepted the resignation of its Chief Communications Officer Julie Hamp, following her arrest in Japan for allegedly mailing banned painkillers to her address in Japan from U.S.
comments powered by Disqus
Follow RTT