skip to main content

Currency moves affect Icon's revenue

Clinical research group Icon has lowered its revenue forecast for 2008 due to currency movements.

It said it expected to report revenue of between $862m and $865m this year. But Icon signalled that its earnings per share would be higher than previously forecast at $1.27 to $1.29.

For 2009, Icon projected revenues of $930m to $980m and earnings per share of $1.40 to $1.52.

The Dublin-based company provides outsourced services to the pharmaceutical, biotechnology and medical device industries.