ICF International, Inc. reports news on its work as a global solutions and technology provider for government and commercial clients. The company’s updates commonly cover quarterly results, contract awards, backlog and business-development commentary, and demand across energy, environment, infrastructure, disaster recovery, health, social programs, security, civilian and commercial markets.
Recurring developments include federal and state contract vehicles, utility energy-efficiency programs, digital modernization work, cybersecurity qualifications such as CMMC Level 2, and the use of analytics, cloud-native design, DevSecOps, automation, engagement services and program implementation capabilities. News also includes leadership changes within client markets and capital actions such as share repurchases when announced.
ICF, a global consulting and technology services provider traded on NASDAQ under the symbol ICFI, announced its participation at the Baird 2024 Global Consumer, Technology & Services Conference. The event will take place at the InterContinental New York Barclay Hotel in New York City. ICF's Chief Financial Officer Barry Broadus and Senior VP for Utility Programs and Services Kyle Wiggins will represent the company in a hybrid fireside chat scheduled for 8:30 a.m. Eastern Time on Wednesday, June 5.
ICF (NASDAQ: ICFI), a global consulting and technology services provider, announced its participation in the William Blair 44th Annual Growth Stock Conference. The event is scheduled at the Loews Chicago Hotel, Chicago, Illinois. CEO John Wasson and EVP Anne Choate will present on June 5 at 1:40 p.m. ET. A live webcast will be available at https://wsw.com/webcast/blair97/icfi/1909950, with a replay accessible for 90 days post-conference.
ICF has been awarded a $75 million contract by the U.S. Environmental Protection Agency (EPA) to conduct human health and environmental risk assessments. This single-award, indefinite-delivery, indefinite-quantity (IDIQ) contract has a term of seven years and was awarded by EPA's Office of Research and Development in the first quarter of 2024.
ICF will leverage its expertise in health and environmental sciences, as well as its proprietary machine-learning software, Litstream®, to analyze chemical hazards and environmental stressors. The company will also develop new methods and models for future health analyses.
ICF has supported EPA's risk assessment programs for over 30 years and has evaluated over 2,200 chemicals since 2011. The company was previously awarded $33 million in task orders in the second half of 2023 for additional chemical risk assessment work.
Forbes has ranked global consulting and technology services provider ICF (NASDAQ: ICFI) as one of America's Best Employers for Diversity for the fourth consecutive year. The recognition highlights ICF's commitment to fostering a diverse and inclusive workplace. CEO John Wasson emphasized the importance of diversity in identity and perspectives, which contributes to the company's strength. The rankings, developed in collaboration with Statista, surveyed over 170,000 U.S.-based employees from various sectors, focusing on diversity criteria like age, gender, ethnicity, disability, and sexual orientation. The evaluation also considered diversity-related practices such as employee resource groups and the presence of women in leadership roles. Additionally, ICF was included in Forbes' America's Best Management Consulting Firms list for the ninth year in a row. ICF leverages its expertise in diverse industries to solve complex challenges and implement transformative projects.
ICF has been awarded a $236 million contract by USAID to continue delivering their Demographic and Health Surveys Program, known as the 'gold standard' of health surveys. The contract aims to improve health outcomes by providing critical data for population, health, and nutrition programs worldwide. ICF's approach includes strengthening countries' capacity to collect and analyze data, incorporating technology and AI for efficiency, and focusing on vulnerable populations. The company's work spans various global health and development initiatives.
ICF (NASDAQ: ICFI) reported record first quarter results for 2024, with revenues up 2% to $494 million, net income of $27 million, and GAAP EPS of $1.44. Non-GAAP EPS increased to $1.77, and contract awards were $495 million, up 21% year-on-year. The company reaffirmed full-year guidance and expects organic revenue growth of 5.2% to 8.5% for 2024.
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