04.30.14
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.
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.