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Financial Report: ICON

February 23, 2016

Revenues up 3% in the quarter

ICON
 
4Q Revenues:
$403 million (+3%)

4Q Earnings: $63.4 million (+18%)

FY Revenues: $1.6 billion (+5%)

FY Earnings: $239.5 million (+32%)

Comments: Income from operations in the quarter increased 25% to $73.3 million or 19% of revenue. Full year income from operations increased 33% to $281.5 million or 18% of revenue. The company booked $1.9 billion of new business and grew backlog by 9% year on year to $3.9 billion.