The Board of Directors have approved a share buy-back programme of up to $50 million to commence in Q4.CEO Ciaran Murray commented, “Our success in developing significant strategic partnerships has resulted in a milestone quarter of record net new business of $431m. To position ourselves for the future growth that will result from our backlog increasing by 16% over last year we have added circa 500 staff during the quarter which has impacted profitability. Looking forward, we will continue to invest in both our existing business and in our strategic relationships to provide quality services to our customers. For 2012, we expect revenue growth to be in the region of 15% to 20% and EPS to be in the range of $0.90 to $1.10.”
ICON Reports Q3 Revenue Growth Of 7% To $241 Million And Net New Business Of $431 Million. (NASDAQ:ICLR) (ISIN:IE0005711209)
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