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.
On April 13, 2023, ICF (NASDAQ:ICFI) secured an $18 million contract from the Los Angeles County Metropolitan Transportation Authority to provide environmental compliance services. This recompete contract spans five years, including three base years and two optional years. ICF will leverage its expertise in environmental assessment and advanced technology to ensure that Metro's transportation projects meet local, state, and federal regulations. The initiative aims to enhance the mobility landscape in Los Angeles County. In support of diversity, ICF has partnered with over 20 local disadvantaged business enterprises. This partnership continues ICF's 13-year collaboration with Metro, reinforcing its commitment to addressing environmental and equity concerns effectively.
ICF (NASDAQ:ICFI) announced it will release its first quarter 2023 results on May 9, 2023, after market close. A webcast to discuss the results will take place at 4:30 p.m. Eastern time on the same day. Interested analysts and investors can register online for participation, while general listeners can access the live webcast through the provided link. Earnings results will be available prior to the call on the company's investor relations page. This announcement comes as ICF continues to operate in a challenging environment, highlighting its ongoing engagement with public and private sector clients since 1969.
ICF (NASDAQ: ICFI), a leading global consulting and technology services provider, will participate in the Sidoti Small-Cap Conference. Chief Operating Officer James Morgan is set to host a fireside chat at 11:30 a.m. Eastern Time on Wednesday, March 22, 2023. A live audio webcast of the chat will be accessible through the provided link, with a replay available for three months following the event. ICF specializes in combining industry expertise with technological capabilities to support organizations in addressing complex challenges.
For further details, you can visit icf.com.
ICF reported impressive fourth quarter and full year results for 2022, with total revenue of $476 million in Q4, a 22.6% increase from $388 million in Q4 2021. Service revenue reached $339 million, up 24%. Full year revenue totaled $1.78 billion, up 14.6% year-over-year. Net income for Q4 was $8.9 million, and non-GAAP EPS rose 31% to $1.56. The company achieved record contract awards of $2.3 billion, with a book-to-bill ratio of 1.32. Looking ahead, ICF anticipates double-digit revenue growth in 2023, with GAAP EPS projected between $4.75 and $5.05.
ICF has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the U.S. EPA Office of Water, valued at $31 million over five years. This recompete contract will enhance ICF's capacity to assess health risks associated with water contaminants in U.S. drinking and recreational waters. Combining its environmental health expertise with advanced data analytics and machine learning technologies, ICF aims to facilitate better understanding and decision-making around water quality. ICF has been collaborating with the EPA for nearly 30 years to improve public health and environmental safety.
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