ICF International (ICFI) Tops Q3 EPS by 17c, Offers FY Guidance

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ICF Reports Third Quarter 2022 Results

November 3, 2022 4:05 PM EDT

Third Quarter Highlights:

Total Revenue Was $468 Million; Service Revenue1 Was $335 Million, Up 22%Diluted EPS Was $1.01 Inclusive of $0.28 in Tax-Effected Severance, M&A and Facility-Related ChargesNon-GAAP EPS1 Was $1.61, Up 22%GAAP EPS and Non-GAAP EPS Include a One-Time Tax Benefit of $0.20 Adjusted EBITDA1 Was $49.8 Million; Adjusted EBITDA Margin on Service Revenue1 Was 14.8%Contract Awards Were $865 Million; TTM Contract Awards Were $2.2 Billion Representing a Book-to-Bill Ratio of 1.31

Business Development Pipeline Was $9.0 Billion at Quarter-End After Record Q3 Awards

RESTON, Va., Nov. 3, 2022... More