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Stock impact report

ICON Reports First Quarter 2020 Results

ICON plc - Ordinary Shares (ICLR) 
Last icon plc - ordinary shares earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.iconplc.com
Company Research Source: Business Wire
HighlightsNet business wins in the quarter of $867 million; a book to bill of 1.21.Record closing backlog of $8.7 billion, an increase of 10.4% year on year.Quarter 1 reported revenue of $715.1 million representing a 6.0% year on year increase or 6.5% on a constant currency basis.Adjusted earnings per share attributable to the Group for the quarter of $1.70, an increase of 4.3% over Quarter 1 2019.$175.0 million worth of stock repurchased at an average price of $141.68.COVID-19 expected to negatively impact operational and financial performance during FY20.FY20 financial guidance withdrawn due to the level of current uncertainty. Further details regarding ICON’s Q2 financial outlook will be provided on its first quarter conference call.Cost containment plan being actively implemented across the Group.Strong balance sheet and liquidity position remains with net cash of $134.4 million. DUBLIN--(BUSINESS WIRE)--ICON plc (NASDAQ: ICLR), a global provider of outsourced drug and device d Show less Read more
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