ICLR - Icon Non-GAAP EPS of $3.11 beats by $0.03 revenue of $2.02B in-line
2023-07-26 17:18:05 ET
- Icon press release ( NASDAQ: ICLR ): Q2 Non-GAAP EPS of $3.11 beats by $0.03 .
- Revenue of $2.02B (+4.7% Y/Y) in-line.
- Net business wins in the quarter of $2,419 million; a net book to bill of 1.20 or 1.21 on a trailing twelve month basis.
- Closing backlog of $21.7 billion, an increase of 2.2% on quarter one 2023 or an increase of 8.5% on quarter two 2022.
- Days sales outstanding reduced to 52 days from 54 days at March 31, 2023.
- Updated full-year 2023 financial guidance for revenue by narrowing the revenue range to $8,070 - $8,210 million, representing a year over year increase of 4.3 to 6.1%, and adjusted earnings per share in the range of $12.63 - $12.91, representing a year over year increase of 7.5 to 9.9%.
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Icon Non-GAAP EPS of $3.11 beats by $0.03, revenue of $2.02B in-line