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ICON plc Announces Strong Q2 2024 Financials

ICON plc Announces Strong Q2 2024 Financials

Icon (ICLR) has released an update.

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ICON plc has reported robust financial results for the second quarter of 2024, with a 5.3% increase in revenue on a constant currency basis compared to the previous year and a significant 20.6% rise in adjusted diluted earnings per share. The company’s growth is underscored by a strong backlog of $23.8 billion and successful strategic customer partnerships, including a new full service partnership with a top 30 pharma customer. Additionally, ICON has updated its full-year 2024 financial guidance, projecting revenue between $8,450 – $8,550 million and adjusted earnings per share between $15.00 – $15.20, indicating a year-over-year growth of approximately 5% and high-teens growth respectively.

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