2024-04-25 15:52:08 ET
ICON Public Limited Company (ICLR)
Q1 2024 Earnings Call Transcript
April 25, 2024, 08:00 AM ET
Company Participants
Kate Haven - VP of IR
Steve Cutler - CEO
Brendan Brennan - CFO
Conference Call Participants
Adam Chazan - TD Cowen
Max Smock - William Blair
Casey Woodring - JPMorgan
Ann Hynes - Mizuho Securities
Dan Leonard - UBS
Michael Ryskin - Bank of America
Eric Coldwell - Baird
Patrick Donnelly - Citi
Justin Bowers - Deutsche Bank
David Windley - Jefferies
Elizabeth Anderson - Evercore ISI
Jack Meehan - Nephron Research
Luke Sergott - Barclays
Jailendra Singh - Truist Securities
Presentation
Operator
Hello, and welcome to the ICON plc Q1 2024 Results Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand over to Kate Haven, VP of Investor Relations. Please go ahead.
Kate Haven
Thank you. Good day, and thank you for joining us on this call covering the quarter ended March 31, 2024. Also on the call today, we have our CEO, Dr. Steve Cutler; our CFO, Brendan Brennan; and Senior Vice President of Corporate and Commercial Finance, Emer Lyons. I would like to note that this call is webcast and that there are slides available to download on our website to accompany today's call.
Certain statements in today's call will be forward-looking statements. These statements are based on management's current expectations and information currently available, including current economic and industry conditions. Actual results may differ materially from those stated or implied by forward-looking statements due to risks and uncertainties associated with the company's business, and listeners are cautioned that forward-looking statements are not guarantees of future performance. Forward-looking statements are only as of the date they are made and we do not undertake any obligation to update publicly any forward-looking statement either as a result of new information, future events, or otherwise. More information about the risks and uncertainties relating to these forward-looking statements may be found in SEC reports filed by the company, including the Form 20-F filed on February 23, 2024.
This presentation includes selected non-GAAP financial measures, which Steve and Brendan will be referencing in their prepared remarks. For a presentation of the most directly comparable GAAP financial measures, please refer to the press release section titled Condensed Consolidated Statements of Operations. While non-GAAP financial measures are not superior to or a substitute for the comparable GAAP measures, we believe certain non-GAAP information is more useful to investors for historical comparison purposes. Included in the press release and the earnings slides, you will note a reconciliation of non-GAAP measures. Adjusted EBITDA, adjusted net income and adjusted diluted earnings per share excludes stock compensation expense, restructuring costs, foreign currency gains and losses, amortization and transaction related and integration related costs, and the respective tax benefits.
We will be limiting the call today to one hour and would therefore ask participants to keep their questions to one each with an opportunity for a brief follow up....
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ICON Public Limited Company (ICLR) Q1 2024 Earnings Call Transcript