ICF International (ICFI) Tops Q4 EPS by 6c; Offers FY23 EPS Guidance

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ICF Reports Fourth Quarter and Full Year 2022 Results

February 28, 2023 4:05 PM EST

Fourth Quarter Highlights:

Total Revenue Was $476 Million; Service Revenue1 Was $339 Million, Up 24%Net Income Was $8.9 Million and Diluted EPS Was $0.47, Inclusive of $13.6 Million and $0.72 in Tax-Effected Facility-Related, Severance and M&A ChargesNon-GAAP EPS1 Was $1.56, Up 31%Adjusted EBITDA Margin on Service Revenue1 Was 16.3%Contract Awards Were $777 Million for a Book-to-Bill Ratio of 1.63

Full Year Highlights: 

Total Revenue Was $1.78 Billion; Service Revenue Was $1.29 Billion, Up 16%Net Income Was $64.2 Million and Diluted EPS Was $3.38, Inclusive of... More