Welcome to our dedicated page for Icf Intl news (Ticker: ICFI), a resource for investors and traders seeking the latest updates and insights on Icf Intl stock.
ICF International, Inc. (NASDAQ: ICFI) is frequently featured in news coverage as a global solutions and technology provider active across government and commercial markets. Company announcements highlight contract wins, earnings results, product and platform updates, leadership changes and investor conference participation, offering insight into how ICF executes its professional services and technology-based strategy.
Recent news releases describe large-scale contracts with European institutions to design and deliver public communication campaigns across all European Union member states, as well as selection under a statewide digital experience contract aimed at modernizing citizen-facing digital services. Other stories cover energy program implementation work in regions such as Southern California, where ICF supports residential energy and electrification upgrades to improve resilience and manage grid demand.
ICF’s news flow also includes earnings announcements and financial updates, where the company discusses revenue mix across federal, state and local, international and commercial clients, along with contract awards and backlog. Releases on platform enhancements, such as upgrades to the Sightline utility program platform or the launch of the ICF Fathom AI suite for federal agencies, provide detail on its technology offerings and AI capabilities.
Investors and observers can follow ICF news for information on executive leadership changes, dividend declarations, participation in investor conferences and major contract awards in areas like IT modernization, disaster management, health and social programs and strategic communications. This page aggregates such coverage, making it easier to track how ICF’s contracts, platforms and government and commercial relationships evolve over time.
The CDC has awarded ICF a $31 million contract for a four-year term to enhance the BioSense syndromic surveillance platform. This recompete contract includes a one-year base period and three optional extensions. ICF will collaborate with the CDC to improve national health monitoring capabilities, crucial for responding to public health threats like COVID-19. ICF has supported BioSense since 2014, providing essential operational and technical support for various health crises.
ICF has announced that it will release its third quarter 2021 results on November 2, 2021, after market close. Interested parties can access the results at investor.icf.com. A conference call to discuss these results is scheduled for 4:30 p.m. ET on the same day, with registration available at this link. Investors can dial 1.888.771.4371 to participate, using confirmation number 5023 5759.
The National Cancer Institute (NCI) has awarded ICF a new $150 million indefinite delivery, indefinite quantity (IDIQ) contract for biomedical technical and data management support services. This 5-year contract allows ICF to leverage its expertise in bioinformatics, health research, and health IT to support NCI studies. The company will deliver various services, including analytics, project management, and cloud-native biomedical computing. ICF's track record in public health positions it well to meet NCI's rigorous needs, enhancing cancer research infrastructure.
The San Francisco Bay Area Rapid Transit District (BART) has awarded ICF a $30 million contract for environmental services to enhance its passenger rail network. This project, part of the LINK21 program, aims to improve connectivity in Northern California's Megaregion, promoting efficiency and sustainability. ICF will engage 25 partners, including disadvantaged businesses, for Phase 1 of the project from 2022 to 2024, which involves program development and environmental strategies. An additional multiyear option worth $140 million could extend work into Phase 2, focusing on environmental reviews and permitting.
ICF (NASDAQ:ICFI), a global consulting and digital services provider, announced its participation in the Sidoti Fall 2021 Virtual Small Cap Conference on September 22, 2021, at 9:15 a.m. ET. CEO John Wasson will present at the event, which can be accessed via a live audio webcast. A replay will be available for three months after the conference. ICF, employing around 7,500 people, specializes in combining consulting with digital strategies to help organizations tackle complex challenges. More information can be found at icf.com.
On September 9, 2021, the Puerto Rico Department of Housing awarded ICF a $22 million contract for its City Revitalization Program, aimed at managing nearly $1.3 billion in CDBG-DR funds. This 5-year contract includes a 3-year base term and two 1-year options. ICF will assist in recovering from Hurricanes Irma and María by implementing local recovery projects, including infrastructure improvements and support for community businesses. The company has extensive experience in disaster recovery, having aided over 100 state and local entities in similar efforts.
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The State of California's Department of Housing and Community Development (HCD) awarded ICF $14 million in two contracts to assist in distributing CARES Act funds. These contracts, each lasting approximately three years, focus on providing technical assistance for Community Development Block Grant COVID and Emergency Solutions Grants Program COVID funds, targeting vulnerable populations and ensuring compliance with federal regulations. ICF aims to implement equity-centered strategies in partnership with HUD and local communities to maximize funding efficacy.
ICF, a global consulting and digital services provider, will participate in the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021, at 9:00 a.m. Eastern Time. ICF Chairman John Wasson and CFO Bettina Welsh will lead the presentation. A live and archived webcast will be available at investor.icf.com, with replays for 90 days. ICF employs approximately 7,500 staff and specializes in solving complex challenges for public and private sectors since 1969.
ICF reported strong second quarter 2021 results with total revenue of $393 million, representing a 10.9% increase year-over-year. Service revenue rose 7.7% to $281 million, and diluted EPS surged 49% to $1.07. Contract awards reached $398 million, up 41%, with a trailing twelve-month book-to-bill ratio of 1.48. The company anticipates full-year revenue between $1.525 billion and $1.575 billion. ICF's record business development pipeline now totals $7.2 billion, underscoring its long-term growth prospects.
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