ICF International (ICFI) Tops Q1 EPS by 30c; Reaffirms

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ICF Reports First Quarter 2022 Results

May 4, 2022 4:05 PM EDT

First Quarter Highlights:

Total Revenue Was $413 Million and Service Revenue¹ Was $305 Million, Both Up 9%Diluted EPS Was $0.94 Inclusive of $0.12 in Tax-Effected Facility-Related and M&A Charges; Non-GAAP EPS¹ Was $1.31, Up 16% Adjusted EBITDA¹ Was $42.3M, Up 12%; Adjusted EBITDA Margin on Service Revenue¹ Was 13.9% Contract Awards Were $361 Million; TTM Contract Awards Were $2.0 Billion for a Book-to-Bill Ratio of 1.27

Re-affirms Full Year 2022 Guidance for Double-Digit Revenue Growth and Strong Margin Performance

Record Business Development Pipeline of $7.9 Billion at Quarter-End Supports... More