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Revenues up 10% in the quarter
April 30, 2014
By: Kristin Brooks
ICON 1Q Revenues: $350 million (+10%) 1Q Earnings: $36.2 million (+63%) Comments: Gross business wins were $494 million in the quarter, representing a gross book to bill of 1.41. Net business wins were $427 million, representing a net book to bill of 1.22. Income from operations, excluding restructuring and other items, was $43.0 million or 12% of revenue. In the quarter the company agreed to acquire Aptiv Solutions, a provider of adaptive and medical device trials, for $143.5 million in cash.
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