ICON Issues Financial Guidance for 2009 and Updates Guidance for 2008 (NASDAQ:ICLR) (ISIN:IE0005711209)
09 Janeiro 2009 - 9:00AM
Business Wire
ICON (NASDAQ: ICLR), a global provider of outsourced development
services to the pharmaceutical, biotechnology and medical device
industries, today announced financial guidance for 2009. 2009 net
revenue is expected to be in the range of $930 - $980 million. This
compares to an expected outcome of $862 - $865 million for the year
ended December 31, 2008, a reduction on previous guidance due to
currency factors. 2009 net income per diluted share is expected to
be in the range of $1.40 - $1.52. This compares to $1.27 - $1.29
for the year ended December 31, 2008, an increase on previous
guidance. The company will hold a conference call today, January
9th, at 09:00 EST [14:00 Ireland & UK]. A question and answer
session will follow. The statements made in this Press Release may
contain forward-looking statements that involve a number of risks
and uncertainties. In addition to the matters described in this
Press Release, the ability to maintain large client contracts or
enter into new contracts, maintain client relationships and the
ability to manage the opening of new offices, the integration of
new business mergers and acquisitions, as well as other risks and
uncertainties detailed from time to time in SEC reports filed by
ICON, including its Form 20-F, F-1, S-8 and F-3, may affect the
actual results achieved by ICON. ICON disclaims any intent or
obligation to update these forward-looking statements. About ICON
plc ICON plc is a global provider of outsourced development
services to the pharmaceutical, biotechnology and medical device
industries. The Company specializes in the strategic development,
management and analysis of programs that support clinical
development - from compound selection to Phase I-IV clinical
studies. ICON teams have successfully conducted over 5,500
development projects and consultancy engagements across all major
therapeutic areas. ICON currently has over 6,800 employees,
operating from 71 locations in 38 countries. Further information is
available at www.iconplc.com. ICON/ICLR-F
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