Icf reports fourth quarter and full year 2021 results
Fairfax, va., feb. 24, 2022 /prnewswire/ -- fourth quarter highlights: total revenue was $388 million; service revenue¹ increased 4.3% to $273 million diluted eps was $0.63, inclusive of $0.43 of tax-effected facility and m&a charges non-gaap eps ¹ was $1.19 adjusted ebitda margin on service revenue¹ was 13.9% contract awards of $652 million, up 24% for a book-to-bill ratio of 1.68 full year highlights: total revenue was $1.55 billion; service revenue increased 6.4% to $1.11 billion diluted eps was $3.72, inclusive of $0.57 of tax-effected facility and m&a charges non-gaap eps was $4.82 adjusted ebitda margin on service revenue was 14.4% record contract awards of $2.25 billion, up 15% for a book-to-bill ratio of 1.45 operating cash flow of $110 million —backlog and business development pipeline at record year-end levels— —2022 guidance anticipates double-digit revenue growth and strongmargin performance inclusive of continued growth investments— icf (nasdaq:icfi), a global consulting and digital services provider, reported results for the fourth quarter and full year ended december 31, 2021.
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