ICFI

ICF Announces Timing of First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Thursday, March 28, 2024

RESTON, Va., March 28, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, will release its first quarter 2024 results on Thursday, May 2, 2024, before the market open.

Key Points: 
  • RESTON, Va., March 28, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, will release its first quarter 2024 results on Thursday, May 2, 2024, before the market open.
  • The Company plans to host a webcast call at 8:30 a.m. Eastern time on Thursday, May 2, 2024, to discuss its financial results for the quarter.
  • Earnings results will be available at https://investor.icf.com before the call.
  • Once registered, participants will receive dial-in information and a unique PIN to access the call as well as an email confirmation with the details.

SMECO Continues Partnership With ICF for Energy Efficiency Work

Retrieved on: 
Tuesday, March 26, 2024

RESTON, Va., March 26, 2024 /PRNewswire/ -- Southern Maryland Electric Cooperative (SMECO) has retained global consulting and technology services provider ICF (NASDAQ:ICFI) under a three-year contract to continue to serve as the implementer of the utility's energy efficiency and demand response programs as part of the statewide EmPOWER Maryland initiative. The contract was awarded in the fourth quarter of 2023.

Key Points: 
  • ICF will leverage their industry-leading energy expertise, cloud technology and advanced analytics to deliver a broad range of energy efficiency and demand response services to improve the experience of SMECO's residential and commercial customers.
  • "ICF is committed to helping SMECO continue to make data-driven decisions to meet ambitious residential and commercial program goals," said Anne Choate, ICF executive vice president for energy, environment and infrastructure.
  • "SMECO's energy efficiency programs have been recognized as some of the most successful in the nation, winning over 40 industry awards.
  • Read more about ICF's energy efficiency services and how they help clients meet their electrification and decarbonization goals.

California State Lottery Awards ICF New $58 Million Contract

Retrieved on: 
Wednesday, March 13, 2024

RESTON, Va., March 13, 2024 /PRNewswire/ -- California State Lottery has recently expanded its collaboration with global consulting and technology services provider ICF (NASDAQ:ICFI) through a new $58 million contract award to continue supporting the Lottery's website. The base contract term is five years, with three optional extensions (two two-year extensions and one one-year extension). The contract was awarded in the fourth quarter of 2023.

Key Points: 
  • RESTON, Va., March 13, 2024 /PRNewswire/ -- California State Lottery has recently expanded its collaboration with global consulting and technology services provider ICF (NASDAQ:ICFI) through a new $58 million contract award to continue supporting the Lottery's website .
  • The base contract term is five years, with three optional extensions (two two-year extensions and one one-year extension).
  • "ICF has collaborated with the California State Lottery since 2015 to build a solid digital foundation and cloud-based infrastructure," said James Morgan, ICF chief operating officer.
  • The California State Lottery plays a vital role in raising supplemental funding for California's public schools and raised $2.07 billion for education in the 2021–2022 fiscal year.

ICF to Present at the Sidoti Virtual Small Cap Conference

Retrieved on: 
Tuesday, March 12, 2024

RESTON, Va., March 12, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, today announced its participation at the Sidoti Virtual Small Cap Conference.

Key Points: 
  • RESTON, Va., March 12, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, today announced its participation at the Sidoti Virtual Small Cap Conference.
  • ICF Chief Executive Officer John Wasson will host a fireside chat at 9:15 a.m. Eastern Time on Wednesday, March 13.
    https://sidoti.zoom.us/webinar/register/WN_C3aXHEL6TUqI0dME3Ti0vw .
  • The replay will be available for 90 days following the conference.

ICF Awarded New $25 Million Contract by Entergy Arkansas

Retrieved on: 
Monday, March 11, 2024

RESTON, Va., March 11, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, was recently awarded a new three-year, $25 million contract by Entergy Arkansas to implement the utility's energy efficiency and demand response program portfolios, as required by the Arkansas Public Service Commission. The contract was awarded in the fourth quarter of 2023. 

Key Points: 
  • RESTON, Va., March 11, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, was recently awarded a new three-year, $25 million contract by Entergy Arkansas to implement the utility's energy efficiency and demand response program portfolios, as required by the Arkansas Public Service Commission.
  • ICF will bring their industry-leading energy expertise, cloud technology and advanced analytics to deliver turnkey services for Entergy Arkansas' residential and commercial energy efficiency and weatherization programs.
  • In addition, ICF will continue leveraging their proprietary cloud-based utility technology platform to provide Entergy Arkansas with a streamlined customer experience and real-time data on savings achieved.
  • Services delivered will support Entergy Arkansas' home energy solutions, manufactured homes, multi-family homes, low-income, agricultural and smart direct load control programs.

BGE Awards ICF $65 Million in Energy Efficiency Contracts

Retrieved on: 
Tuesday, March 5, 2024

RESTON, Va., March 5, 2024 /PRNewswire/ -- Baltimore Gas and Electric (BGE) has awarded global consulting and technology services provider ICF (NASDAQ:ICFI) over $65 million in re-compete and new contracts to implement EmPOWER Maryland, the utility's statewide energy efficiency and demand response program. The agreements were awarded in the fourth quarter of 2024 and have a term of three years.

Key Points: 
  • RESTON, Va., March 5, 2024 /PRNewswire/ -- Baltimore Gas and Electric (BGE) has awarded global consulting and technology services provider ICF (NASDAQ:ICFI) over $65 million in re-compete and new contracts to implement EmPOWER Maryland, the utility's statewide energy efficiency and demand response program.
  • ICF has delivered award-winning energy efficiency programs for BGE for over 15 years that have achieved over 5.5 gigawatts in energy savings to over 18 million utility customers.
  • "We are excited to continue our longstanding work with BGE to evolve and optimize their energy efficiency programs as they navigate the challenging transition to a clean energy future," said Anne Choate, ICF executive vice president for energy, environment and infrastructure.
  • Read more about ICF's energy efficiency and technology services and how they help clients meet their electrification and decarbonization goals.

CMS Awards ICF $50 Million in Digital Modernization Contract Extensions

Retrieved on: 
Thursday, February 29, 2024

RESTON, Va., Feb. 29, 2024 /PRNewswire/ -- The U.S. Department of Health and Human Services (HHS) awarded global consulting and technology services provider ICF* (NASDAQ:ICFI) two contract option-year extensions to implement the next phase of cloud migration and digital modernization of Centers for Medicare & Medicaid (CMS) systems that monitor and improve healthcare for Medicare and Medicaid beneficiaries. The contracts, which were awarded in the third quarter of 2023, have a combined value of $50 million and will allow ICF to bring critical modernized capabilities to nursing homes across the country.

Key Points: 
  • The contracts, which were awarded in the third quarter of 2023, have a combined value of $50 million and will allow ICF to bring critical modernized capabilities to nursing homes across the country.
  • Under the first agreement, ICF will continue to re-platform CMS' legacy Quality Improvement and Evaluation System onto the agency's cloud-based Internet Quality Improvement System (iQIES).
  • A leader in cloud modernization solutions, ICF has deployed hundreds of cloud migration implementations across numerous federal agencies to help them achieve their mission outcomes.
  • *The contracts were awarded to ICF Incorporated, LLC, through its wholly owned subsidiary SemanticBits, LLC, referred to in this release as "ICF."

ICF Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

RESTON, Va., Feb. 27, 2024 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and technology services provider, reported results for the fourth quarter and full year ended December 31, 2023. 

Key Points: 
  • Fourth quarter 2023 total revenue was $478.4 million, similar to the $475.6 million reported in the fourth quarter of 2022 and up 4.9% from last year's fourth quarter revenues adjusted for the divestitures.
  • Subcontractor and other direct costs were 27.0% of total revenues compared to 28.7% in last year's fourth quarter.
  • Fourth quarter 2023 net income and diluted EPS included $4.4 million, or $0.18 per share, in tax-effected net special charges.
  • Total backlog was $3.8 billion at the end of the fourth quarter of 2023.

SAMHSA Awards ICF New Work Totaling $24 Million

Retrieved on: 
Wednesday, February 7, 2024

RESTON, Va., Feb. 7, 2024 /PRNewswire/ -- The Substance Abuse and Mental Health Administration (SAMHSA) expanded its longstanding partnership with ICF, a global consulting and technology services provider (NASDAQ:ICFI), with five new subcontracts to support mental health programs, including evaluation and communications support for the agency's 988 Suicide & Crisis Lifeline. The agreements have a combined value of $24 million.

Key Points: 
  • "These new agreements expand our longstanding partnership with SAMHSA to help the agency better evaluate the impact of and raise awareness for mental health programs that change and save lives.
  • We are proud to be a trusted partner to SAMHSA in helping advance their critical public health mission."
  • For three of the five service agreements, ICF will deliver a variety of behavioral health and technology-based support services, totaling $16.1 million.
  • For two of the five service agreements, ICF will support SAMHSA's substance misuse and mental health programs, totaling $8 million.

A first-ever "Indigenous Embassy" opened in Jerusalem hosted by Friends of Zion Heritage center

Retrieved on: 
Monday, February 5, 2024

The Indigenous Embassy Jerusalem hosted by Friends of Zion Heritage center in center of Jerusalem.

Key Points: 
  • The Indigenous Embassy Jerusalem hosted by Friends of Zion Heritage center in center of Jerusalem.
  • Naturally, the Indigenous Embassy which opened in Jerusalem would operate in its campus.
  • Hassan-Nahoum thanked the Friends of Zion and Dr. Mike Evans "for being a visionary of what a Friend of Zion actually means."
  • Friends of Zion Heritage center was established in 2015, in the center of Israel's capital Jerusalem, by founder Dr. Mike Evans.