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0 0 0.0144777662874871 0.0144777662874871 0.0144777662874871 0 0.00180972078593589 0.00180972078593589
Stock impact report

ICON Reports First Quarter 2024 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 $2,654 million; a net book to bill of 1.27, an increase of 9.9% on quarter one 2023.Closing backlog of $23.4 billion, an increase of 2.5% on quarter four 2023 and 10.1% on quarter one 2023.Quarter one revenue of $2,090.4 million representing an increase of 5.7% on prior year revenue and 5.4% on a constant currency basis.Quarter one adjusted EBITDA of $444.0 million or 21.2% of revenue, an increase of 11.3% on quarter one 2023.GAAP net income for the quarter of $187.4 million or $2.25 per diluted share, an increase of 59.6% on quarter one 2023 diluted earnings per share.Quarter one adjusted net income was $288.5 million or $3.47 per diluted share, an increase of 19.7% on quarter one 2023 adjusted diluted earnings per share.Days sales outstanding of 49 days at March 31, 2024, a decrease from 54 days at March 31, 2023, and an increase from 47 days at December 31, 2023.$275.0 million repayment made on Term Loan B debt in quarter one. Net debt Show less Read more
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