Lucas Romanski's questions to ICON PLC (ICLR) leadership • Q1 2025
Question
Lucas Romanski, on behalf of Charles Rhyee at TD Cowen, asked for an update on the business trends with ICON's two largest customers and their plans for 2025.
Answer
CEO Dr. Steve Cutler indicated that there is still some downtick and movement with these customers, but noted significant shifts across the entire top 10. He stated the company is now focusing on its broader portfolio, particularly on new strategic partnerships that are beginning to yield new work.