ICF Selected For $88M, ~5-Year Agreement To Support CMS Digital Modernization Work

7/18/24 4:08:58 PM ET

Professional Services

Consumer Discretionary

Get the next $ICFI alert in real time by email

Cloud Data Migration Will Optimize Healthcare Delivery and Patient Care

RESTON, Va., July 18, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, was recently awarded a new subcontract to continue modernizing and executing the Centers for Medicare and Medicaid Services (CMS) Quality Payment Program (QPP). The contract has a value of $88 million and a term of nearly five years, including a six-month base, four one-year option periods and one four-month option period.

Get the next $ICFI alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$ICFI

Date	Price Target	Rating	Analyst
11/19/2024	$185.00	Neutral → Buy	Sidoti
7/1/2024	$168.00 → $155.00	Buy → Hold	Truist
6/24/2024		Mkt Perform → Outperform	William Blair
11/14/2023	$140.00	Buy → Neutral	Sidoti
9/13/2023		Mkt Perform	William Blair

More analyst ratings

$ICFI
Press Releases

Fastest customizable press release news feed in the world

ICF Selected to Support DOE Grid Infrastructure Updates
Company Will Help Improve Grid Reliability Across the U.S. RESTON, Va., Nov. 12, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, was awarded a new subcontract by Allegheny Science & Technology (AST), a leading woman-owned technology and energy solutions firm, to provide energy advisory and implementation services to the U.S. Department of Energy's Grid Deployment Office (GDO). The subcontract, which was awarded in the third quarter of 2024 and supports a blanket purchase agreement awarded to AST, has a term of over five years, incl
11/12/24 4:05:00 PM ET
$ICFI
Professional Services
Consumer Discretionary
ICF Appoints New Head of Corporate Development
Eric Hakimov to Lead M&A Strategy and Integration Efforts RESTON, Va., Nov. 4, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, today announced Dr. Eric Hakimov as their new vice president of corporate development. In this role, Hakimov will be responsible for driving the company's merger and acquisition (M&A) growth strategy and managing the company's integration efforts. Hakimov brings over 20 years of experience across strategic corporate transitions, investment banking and private equity to ICF. His expertise includes acquisi
11/4/24 9:15:00 AM ET
$ICFI
Professional Services
Consumer Discretionary
ICF Reports Third Quarter 2024 Results
―Margin Expansion Driven by Favorable Business Mix and Higher Utilization――GAAP EPS and Non-GAAP EPS1 Include Tax Benefits of $0.25 Per Share――Record Business Development Pipeline of $10.6 Billion at Quarter-End― ―2024 Guidance: Adjusting Revenue Range to Account for Lower Pass-Throughs; Raising EPS Ranges to Reflect Margin Expansion and Tax Benefits― Third Quarter Highlights: Revenue Increased 3% to $517 Million, Up 6% Excluding DivestituresNet Income Was $33 Million and GAAP EPS Was $1.73, Up 38% Non-GAAP EPS Increased 18% to $2.13EBITDA1 Increased 18% to $58.2 Million; Adjusted EBITDA1 Was $58.5 Million, Up 8%Contract Awards Were $697 Million for a Quarterly Book-to Bill Ratio of 1.35 a
10/31/24 4:05:00 PM ET
$ICFI
Professional Services
Consumer Discretionary

$ICFI
Leadership Updates

Live Leadership Updates

ICF Appoints New Head of Corporate Development
Eric Hakimov to Lead M&A Strategy and Integration Efforts RESTON, Va., Nov. 4, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, today announced Dr. Eric Hakimov as their new vice president of corporate development. In this role, Hakimov will be responsible for driving the company's merger and acquisition (M&A) growth strategy and managing the company's integration efforts. Hakimov brings over 20 years of experience across strategic corporate transitions, investment banking and private equity to ICF. His expertise includes acquisi
11/4/24 9:15:00 AM ET
$ICFI
Professional Services
Consumer Discretionary
ICF Appoints New Digital Modernization Leader
David Birken to Manage Company's Federal Technology and Digital Experience Business RESTON, Va., Sept. 10, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, today announced that David Birken, senior vice president, has been appointed to lead the company's digital modernization and experience business, effective immediately. To this role, David brings more than two decades of experience growing federal technology, cyber and workforce businesses. In his new position, David will manage ICF's team of nearly 2,000 multidisciplinary exp
9/10/24 9:15:00 AM ET
$ICFI
Professional Services
Consumer Discretionary
Comstock Announces Kickoff to Summerbration 2024 at Reston Station
Celebrate Summer with Free Concerts, Movies, Fitness, and Family Fun Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced that the highly anticipated Summerbration concert and event series at Reston Station Metro Plaza will kick off on May 24th and run through September 13th. Summerbration is an annual celebration of everything summer hosted at Comstock's Reston Station that showcases an array of free concerts, movies, family-friendly activities, and wellness events. Reston Station will come alive every Friday evening with the Fab Fridays Live M
5/16/24 4:10:00 PM ET
$CHCI
$GOOGL
$ICFI
$SPOT
Real Estate
Finance
Computer Software: Programming Data Processing
Technology

ICF Reports Third Quarter 2024 Results
―Margin Expansion Driven by Favorable Business Mix and Higher Utilization――GAAP EPS and Non-GAAP EPS1 Include Tax Benefits of $0.25 Per Share――Record Business Development Pipeline of $10.6 Billion at Quarter-End― ―2024 Guidance: Adjusting Revenue Range to Account for Lower Pass-Throughs; Raising EPS Ranges to Reflect Margin Expansion and Tax Benefits― Third Quarter Highlights: Revenue Increased 3% to $517 Million, Up 6% Excluding DivestituresNet Income Was $33 Million and GAAP EPS Was $1.73, Up 38% Non-GAAP EPS Increased 18% to $2.13EBITDA1 Increased 18% to $58.2 Million; Adjusted EBITDA1 Was $58.5 Million, Up 8%Contract Awards Were $697 Million for a Quarterly Book-to Bill Ratio of 1.35 a
10/31/24 4:05:00 PM ET
$ICFI
Professional Services
Consumer Discretionary
ICF Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
Date: Thursday, October 31, 2024 Time: 4:30 p.m. Eastern Time Audio-only Webcast: https://edge.media-server.com/mmc/p/xfiispn7 Participant Registration: https://register.vevent.com/register/BI6fb1caf5de7f48878d66f1fac081b285 RESTON, Va., Sept. 17, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, will release its third quarter 2024 results on Thursday, October 31, 2024, after the market close. The Company plans to host a webcast call at 4:30 p.m. Eastern time on Thursday, October 31, 2024, to discuss its financial results for the qua
9/17/24 4:05:00 PM ET
$ICFI
Professional Services
Consumer Discretionary
ICF Reports Second Quarter 2024 Results
-- Favorable Business Mix and Higher Utilization Drove Strong EPS Performance -- -- Record Business Development Pipeline of $10.5 Billion at Quarter-End -- -- Increasing Full Year EPS and EBITDA Guidance Primarily to Reflect Mix Shift -- Second Quarter Highlights: Revenue Increased 2% to $512 Million; Up 6% Excluding DivestituresNet Income Was $25.6 Million and GAAP EPS Was $1.36, Up 27% Non-GAAP EPS1 Was $1.69, Up 8%EBITDA1 Was $55.6 Million, Up 17%; Adjusted EBITDA1 Was $56.0 Million, Up 10%Contract Awards Were a Record $810 Million, Up 83% Year-on-Year for a TTM Book-to-Bill Ratio of 1.40RESTON, Va., Aug. 1, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology ser
8/1/24 4:05:00 PM ET
$ICFI
Professional Services
Consumer Discretionary

ICF Selected For $88M, ~5-Year Agreement To Support CMS Digital Modernization Work

Chat with this insight

Recent Analyst Ratings for $ICFI

$ICFI Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

ICF International upgraded by Sidoti with a new price target

ICF International downgraded by Truist with a new price target

ICF International upgraded by William Blair

$ICFI Press Releases

Fastest customizable press release news feed in the world

ICF Selected to Support DOE Grid Infrastructure Updates

ICF Appoints New Head of Corporate Development

ICF Reports Third Quarter 2024 Results

$ICFI Market Insights

Live Market Insights

ICF Wins $17M Cloud And Analytics Delivery Contract From FEMA