ICON plc (ICLR) reported that its first-quarter net income rose to $19.05 million or $0.31 per share, from $8.97 million or $0.15 per share prior year. Net income, excluding restructuring and other items, rose to $22.20 million or $0.36 per share, from $8.97 million or $0.15 per share, last year. Net revenues grew 26% year on year to $316.8 million from $252.3 million last year.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.34 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $302.29 million for the quarter.
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