ICON plc (ICLR) Tops Q1 EPS by 6c; Reaffirms
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ICON Reports First Quarter 2022 Results
April 27, 2022 4:15 PM EDTHighlights
Record net business wins in the quarter of $2,426 million; a net book to bill of 1.28. Closing backlog of $19.6 billion, an increase of 2.7% on Q4 2021 or an increase of 9.8% year over year on a Combined Company basis. Quarter 1 revenue of $1,902 million representing a year on year increase of 121.6%. On a Combined Company basis, Quarter 1 revenue increased 6.1% year over year and 7.8% on a constant dollar basis. Adjusted EBITDA of $340.6 million or 17.9% of revenue, a year on year increase of... More