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July 27, 2010
By: Tim Wright
ICON 2Q 2Q Revenues: $224 million (+2%) 2Q Earnings: $22.9 million (flat) YTD Revenues: $442.9 million (+1%) YTD Earnings: $45.1 million (+3%) Comments: Income from operations was $25.7 million or 11.5% of revenue, compared to $29.3 million, or 13.3% 2Q09. Net new business wins were $320 million with a book-to-bill ratio of 1.4. YTD income from operations was $52.5 million or 11.5% of revenue, compared to $56.2 million or 11.8% in YTD09.
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