ICON (ICLR) Q1 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Mon, April 20, 2026 astatine 8:31 AM CDT 46 min read

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Thursday, May 1, 2025 astatine 8 a.m. ET

• Chief Executive Officer — Steve Cutler

• Chief Financial Officer — Nigel Clerkin

• Chief Operating Officer — Barry Balfe

• Vice President, Investor Relations — Kate Haven

Kate Haven: Good time and convey you for joining america connected this telephone covering the 4th ended March 31, 2025. Also connected the telephone today, we person our CEO, Dr. Steve Cutler; our CFO, Nigel Clerkin; and our COO, Barry Balfe. I would similar to enactment that this telephone is webcast and that determination are slides disposable to download connected our website to travel today's call. Certain statements successful today's telephone volition beryllium forward-looking statements. These statements are based connected management's existent expectations and accusation presently available, including existent economical and manufacture conditions.

Actual results whitethorn disagree materially from those stated oregon implied by forward-looking statements, owed to risks and uncertainties associated with the company's concern and listeners are cautioned that forward-looking statements are not guarantees of aboriginal performance. Forward-looking statements are lone arsenic of the day they are made and we bash not undertake immoderate work to update publically immoderate forward-looking connection either arsenic a effect of caller information, aboriginal events oregon otherwise. More accusation astir the risks and uncertainties relating to these forward-looking statements whitethorn beryllium recovered successful SEC reports filed by the company, including the Form 20F filed connected February 21, 2025. This presumption includes selected non-GAAP fiscal measures which Steve and Nigel volition beryllium referencing successful their prepared remarks.

For a presumption of the astir straight comparable GAAP fiscal measures, delight notation to the property merchandise conception titled Condensed Consolidated Statements of Operations. While non-GAAP fiscal measures are not superior to oregon a substitute for the comparable GAAP measures, we judge definite non-GAAP accusation is much utile to investors for humanities examination purposes. Included successful the property merchandise and the net slides, you volition enactment a reconciliation of non-GAAP measures. Adjusted EBITDA, adjusted nett income, and adjusted diluted net per stock exclude banal compensation expense, restructuring costs, overseas currency gains and losses, amortization and transaction-related and integration-related costs and their respective taxation benefits.

We volition beryllium limiting the telephone contiguous to 1 hr and would truthful inquire participants to support their questions to 1 each successful the involvement of time. I would present similar to manus the telephone implicit to our CEO, Dr. Steve Cutler.