ICF Reports Fourth Quarter and Full Year 2020 Results
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Fourth Quarter Highlights:
Diluted EPS Was $0.67, Inclusive of $0.51 in One-time Executive Retirement and Lease Termination-Related Charges
Non-GAAP EPS¹ Was $1.36
Record Contract Awards of $525 Million
Full Year Highlights:
Diluted EPS Was $2.87, Inclusive of $0.53 in One-time Executive Retirement and Lease Termination-Related Charges
Non-GAAP EPS Was $4.17
Record Contract Awards of $2.0 Billion, Representing a Book-to-Bill Ratio of 1.3
Operating Cash Flow of $173 Million
ICF (NASDAQ: ICFI), a global consulting and digital services provider, reported results for the fourth quarter and full year ended December 31, 2020.
Commenting on the results, John Wasson, chairman and chief executive officer, said, "The fourth quarter represented a strong finish to 2020, with total revenues that exceeded the high end of our guidance range and positive service revenue trends that are reflective of ICF's positioning in high growth markets.