Icon Q1 revenues up 10%

ISEQ and Nasdaq-listed technology company Icon reported Q1 revenues for fiscal 2006 up 10% at $85.9m (€71.5m).

Income from operations decreased by 12% over Q1 fiscal 2005 to $8.4m (€7m).

Diluted earnings per share decreased by 13% for the quarter to 45c, compared with 52c for the same quarter last year, and increased by 7% over the previous quarter.

Icon acquired $122m (€101.5m) of net new business in the quarter.

Chairman Dr John Climax said: "With a continued strong business flow we expect to maintain this momentum through the rest of the year."