ICF Q3 revenue up 7% to $502M, diluted EPS $1.25; record $875M contract awards; raises FY EPS guidance

ICF International, Inc.

2023-Q3 EPS reported $3.19 revenue$1,484,886,000

Revenue $501.5M (+7.2% YoY); net income $23.7M (+24.3%), diluted EPS $1.25.
Non-GAAP EPS $1.81 (+12.4%); adjusted EBITDA $54.3M (+7.3%).
Record Q3 contract awards $875M, book-to-bill 1.7; backlog $3.8B, pipeline $9.8B.
FY 2023 guidance: revenue narrowed to $1.95B-$1.98B; GAAP EPS raised to $5.00-$5.10, non-GAAP EPS to $6.40-$6.50.
Quarterly dividend $0.14 declared, payable Jan 12, 2024, record Dec 8, 2023.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ICF International, Inc. reported the third quarter ended September 30, 2023 results: revenue $501.5 million, net income $23.7 million, EPS $1.25 per share. Guidance raised.

Period: the third quarter ended September 30, 2023
Revenue: $501.5 million
Net income: $23.7 million
EPS: $1.25 per share
Guidance: raised
Result: reported results

Exact text from the filing

ICF Reports Third Quarter 2023 Results — Strong Revenue Growth Across Major Markets — — New Business Pipeline at $9.8 Billion After Record Q3 Contract Awards — — Raising GAAP and Non-GAAP EPS Guidance to Reflect Lower Tax Rate — • Revenue Was $502 Million, Up 7% • Net Income Was $24 Million, Up 24%; Diluted EPS Was $1.25, Up 24%

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Source: SEC EDGAR

accession 0000950170-23-058188

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