Icf reports fourth quarter and full year 2023 results
— full year double-digit revenue growth aligned with strength of icf's growth markets —— 2024 guidance anticipates high single-digit organic revenue growth from continuing operations with further margin expansion — fourth quarter highlights: revenue increased 1% to $478 million; up 5% excluding divestitures net income was $22 million; diluted eps was $1.16, inclusive of $0.18 in tax-effected net special charges non-gaap eps1 was $1.68, up 8% ebitda1 was $53.9 million, up 46%; adjusted ebitda1 was $57.0 million, up 3% contract awards were $611 million for a book-to-bill ratio of 1.3 full year highlights: revenue increased 10% to $1.96 billion; up 12% excluding divestitures net income was $83 million; diluted eps was $4.35, inclusive of $0.71 in tax-effected net special charges non-gaap eps was $6.50, up 13% ebitda was $197.0 million, up 25%; adjusted ebitda was $213.2 million, up 11% contract awards were $2.3 billion for a book-to-bill ratio of 1.2 operating cash flow was $152 million 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.
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