ICF (NASDAQ:ICFI), a global consulting and technology services provider, recently announced its participation at the Canaccord Genuity 44th Annual Growth Conference. ICF's CEO John Wasson and Executive Vice President of Energy, Environment and Infrastructure Anne Choate are scheduled to participate in a fireside chat at 8:30 a.m. Eastern Time on Wednesday, August 14.
In their most recent financial report, ICF reported several key financial metrics. Their total revenue for the quarter was $509.3 million, a 12.4% increase from the same period last year. Furthermore, their operating income for the quarter was $46.3 million, representing a 12.7% increase from the prior year.
The company's net income attributable to ICF for the quarter was $34.1 million, which is a 20% increase compared to the same period last year. Their diluted earnings per share for the quarter were $1.82, reflecting a 20.7% increase from the prior year.
In terms of their balance sheet, ICF reported cash and cash equivalents of $88.9 million as of the end of the quarter, compared to $76.6 million in the same period last year. Their total debt was reported at $445.9 million, showing a decrease from the prior year's $456.2 million.
ICF's CEO, John Wasson, expressed satisfaction with the company's performance, highlighting their double-digit revenue growth and improved profitability. He also emphasized the company's focus on driving long-term shareholder value while delivering exceptional service to their clients.
Investors and analysts will be looking forward to the fireside chat at the Canaccord Genuity 44th Annual Growth Conference, where they hope to gain further insights into ICF's strategies and future outlook. The market has reacted to these announcements by moving the company's shares 2.4% to a price of $144.09. For the full picture, make sure to review ICF International's 8-K report.
