ICON plc (ICLR) Reports In-Line Q3 EPS
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ICON Reports Third Quarter 2018 Results
October 24, 2018 4:15 PM EDTHighlights
Excluding the impact of ASC 606, record net business wins in the quarter of $605 million, a book to bill of 1.27. Excluding the impact of ASC 606, closing backlog of $5.3 billion, an increase of 10.5% year on year. Quarter 3 reported revenue of $655.0 million. Excluding the impact of ASC 606, quarter 3 revenue was $476.4 million, representing an 8.2% increase year on year. Reported income from operations was $97.9 million, or 15.0% of revenue. Excluding the impact of ASC 606, income from operations was $98.8 million, a 16.4% increase year on year.... More