ICF Reports Second Quarter 2019 Results

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ICF International (ICFI) Tops Q2 EPS by 5c, Revenues Beat; Raises FY19 EPS/Revenue Outlook

August 1, 2019 5:56 PM EDT

ICF International (NASDAQ: ICFI) reported Q2 EPS of $0.97, $0.05 better than the analyst estimate of $0.92. Revenue for the quarter came in at $367 million versus the consensus estimate of $357.77 million.

Total Revenue Was $367 Million, up 13 PercentDiluted EPS Increased 7 Percent to $0.76, Inclusive of $0.13 in Special Charges; Non-GAAP EPS1 Was $0.97, up 21 PercentAdjusted EBITDA Margin on Service Revenue1 Was 13 Percent, up 110-Basis Points Year-on-YearContract Awards of $403 Million; TTM Contract Awards Were $1.6 Billion For a Book-to-Bill Ratio of 1.15Raises Midpoints of 2019 Revenue and Earnings Guidance Ranges

"This was another quarter of... More