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Icons
**Company Overview**
**Name:** Icon Plc
**Stock Symbol:** PEN (NYSE)
**Industry:** Contract Research Organization (CRO)
**Pen Fill**
Pen Fill is a service offered by Icon that provides clinical trial supplies to patients. This includes the packaging, labeling, and distribution of study drugs and other materials. Pen Fill plays a critical role in ensuring the accuracy and safety of clinical trials.
**Financial Performance**
**Earnings:**
* Revenue in 2022: $5.3 billion
* Net income in 2022: $500 million
* Diluted EPS in 2022: $2.15
**Growth:**
* Revenue growth in 2022: 12%
* Net income growth in 2022: 15%
* Diluted EPS growth in 2022: 17%
**Key Metrics:**
* Backlog: $13.5 billion as of December 2022
* Number of employees: 20,000+
* Global presence: Operations in over 50 countries
**Strengths:**
* Leading global CRO with a strong reputation
* Comprehensive suite of clinical trial services
* Expertise in Pen Fill and other specialized areas
* Strong financial performance and growth prospects
**Weaknesses:**
* Competition from other large CROs
* Dependence on the pharmaceutical industry
* Potential for regulatory changes that could impact the CRO industry
**Outlook:**
Icon expects continued growth in the future driven by:
* Increasing demand for clinical trials
* Expansion into new therapeutic areas
* Continued investment in Pen Fill and other services