ICLR - Icon Non-GAAP EPS of $2.76 beats by $0.07 revenue of $1.9B beats by $10M

Icon press release (NASDAQ:ICLR): Q1 Non-GAAP EPS of $2.76 beats by $0.07. Revenue of $1.9B (+121.4% Y/Y) beats by $10M. Record net business wins in the quarter of $2,426 million; a net book to bill of 1.28. Closing backlog of $19.6 billion, an increase of 2.7% on Q4 2021 or an increase of 9.8% year over year on a Combined Company basis. Days sales outstanding reduced to 35 days from 49 days at March 31, 2021 on a comparable basis. Full year 2022 revenue guidance reaffirmed in the range of $7,770 - $8,050 million ($7.88B consensus), representing a year over year increase of 41.8% to 46.9%. Full year 2022 adjusted earnings per share guidance reaffirmed in the range of $11.55 - $11.95 ($11.72 consensus).

For further details see:

Icon Non-GAAP EPS of $2.76 beats by $0.07, revenue of $1.9B beats by $10M