Icf Intl Inc Stock Price, News & Analysis

ICF, a global consulting and digital services provider, is set to release its first quarter 2021 results on May 4, 2021, after market closure. The results will be accessible via its investor relations website. An audio webcast will accompany the release, with a conference call scheduled at 4:30 p.m. Eastern Time. Interested participants can register in advance and dial in using the provided number. ICF emphasizes its diverse expertise, blending business analysis with digital strategy to address complex challenges for various clients.

ICF (NASDAQ:ICFI), a global consulting and digital services provider, will participate in the Sidoti Spring 2021 Virtual Conference. The presentation, led by John Wasson, President and CEO, is scheduled for 8:30 a.m. Eastern Time on March 24, 2021. A live audio webcast of the presentation will be accessible, with a replay available for one year post-conference. ICF aims to help clients navigate complex challenges through a combination of industry expertise and innovative engagement strategies.

The U.S. Environmental Protection Agency has awarded ICF a new five-year contract worth up to $30 million. This IDIQ contract enhances environmental support by expanding services to Region 5 with an additional $5 million from a prior agreement. ICF will provide technical, analytical, and quality assurance services for EPA programs, including Superfund and waste management. The company's consistent delivery of reliable data and analyses is expected to help the EPA achieve its environmental protection goals.

The U.S. Army Combat Capabilities Development Command has awarded ICF a task order valued at $53 million to enhance cyber research and technology services over five years. This contract expands a previous initiative by $30 million and aims to bolster capabilities in artificial intelligence, machine learning, quantum computing, and cybersecurity. Jonathan Sholtis from ICF stated that this work will help the Army tackle emerging threats effectively. ICF's reputation as a key provider for federal services reinforces its standing in the defense sector.

ICF reported fourth quarter 2020 total revenue of $434 million, up 9.5% year-over-year, with service revenue at $262 million, a 4.1% increase. Diluted EPS was $0.67, reflecting $0.51 in one-time charges. Full year revenue reached $1.51 billion, with a 4.1% service revenue growth to $1.04 billion. Notably, ICF achieved record contract awards of $2 billion for the year. The company's adjusted EBITDA margin on service revenue rose to 13.7%. Looking ahead, ICF expects 2021 service revenue between $1.095 billion and $1.13 billion, reflecting projected growth in IT modernization and public health sectors.

The New York City Department of Environmental Protection has awarded ICF a $30 million contract for energy efficiency, water conservation, and clean energy programs over three years, with possible extensions. The initiative aims to enhance high-performing buildings and support NYC's goal of reducing greenhouse gas emissions by 80% by 2050. ICF will leverage its extensive analytics and industry expertise to fulfill the contract, strengthening its partnership with key stakeholders in NYC.

The U.S. Environmental Protection Agency has awarded ICF a $94 million blanket purchase agreement to support its ENERGY STAR® program for five years. The BPA includes a task order worth $5 million over four years. ICF has been a key partner to ENERGY STAR since its inception, providing technical support that has led to significant energy savings. In 2018, ENERGY STAR helped Americans save 430 billion kilowatt-hours of electricity, equating to $35 billion in energy costs and a reduction of 330 million metric tons of greenhouse gases.

ICF, a global consulting and digital services provider, will announce its fourth quarter and full year 2020 results on February 25, 2021, after the market closes. The results will be accessible on their investor relations page. A conference call is scheduled for 4:30 p.m. Eastern Time, where interested participants can register online and dial in using specific details provided in the press release. ICF has over 7,000 employees and offers a unique blend of industry expertise and engagement capabilities.