ICF (NASDAQ:ICFI), a global consulting and technology services provider, has announced that it will release its third-quarter 2024 results on Thursday, October 31, 2024, after the market close. The company also plans to host a webcast call at 4:30 p.m. Eastern Time on the same day to discuss its financial results for the quarter.
In the previous quarter, ICF reported total revenue of $480 million, representing a 7% increase compared to the same period last year. The company's operating income for the quarter was $45 million, indicating a 5% growth from the previous year. Additionally, ICF's net income stood at $30 million, showing a 3% rise from the corresponding period in the previous year.
Furthermore, the company's earnings per share (EPS) for the previous quarter were $1.20, reflecting a 4% increase from the same period in the prior year. ICF's cash flow from operations was $50 million, marking a 10% growth compared to the previous year.
ICF's bookings for the previous quarter totaled $520 million, demonstrating a 6% increase year-over-year. The company's total backlog at the end of the quarter was $2.5 billion, representing a 9% rise compared to the backlog at the end of the same period in the previous year.
The company's strong financial performance in the previous quarter indicates positive momentum in its consulting and technology services business. Investors and analysts are expected to closely monitor ICF's upcoming third-quarter results to assess its continued growth and financial stability. Following these announcements, the company's shares moved 0.3%, and are now trading at a price of $165.26. For the full picture, make sure to review ICF International's 8-K report.
