ICON Posts Higher Q2 Profit - Quick Facts

(RTTNews) - ICON Plc's (ICLR) second-quarter net income advanced to $26.5 million, or $0.43 a share, from $12.9 million, or $0.21 a share, last year. Income from operations, excluding restructuring charges of $4.6 million, was $30.9 million or 9.3% of revenue.

Net income, excluding restructuring charges, amounted to $26.5 million or $0.43 per share in the latest period. On average, 12 analysts polled by Thomson Reuters expected earnings per share of $0.38 for the quarter. Analysts' estimates typically exclude one-time items.

Net revenues grew 21% year-over-year to $334.2 million, from $277.0 million, while 11 analysts estimated revenues of $321.82 million for the quarter.