Forbes has included global consulting and digital services provider ICF (NASDAQ:ICFI) on two of its coveted annual lists: “America’s Best Management Consulting Firms” and “America’s Best Midsize Employers.” This is the fourth and second straight year, respectively, that ICF has been recognized in these categories.
“For 50 years, we’ve helped our clients navigate fast-changing policy and industry landscapes,” said Sudhakar Kesavan, CEO for ICF. “It’s rewarding to have our top-notch advisory, implementation and engagement services and teams recognized in this way. We’re truly honored to be judged by our people and peers as one of America’s best consulting firms and employers.”
For the Best Management Consulting Firms list, Forbes surveyed 7,500 management consultancy executives, as well as 1,000 senior executives who recently worked in management consultancies. The list was then divided into 16 sectors and 16 functional areas. ICF was one of 216 firms that received the most recommendations in the areas of energy and environment; public sector, non-profit and education; and sustainability.
For Best Midsize Employers, Forbes surveyed 25,000 Americans working for businesses with at least 1,000 employees in 25 different industries. Respondents were asked to rate the likelihood they would recommend their employer to others, and were asked to nominate organizations in industries outside their own. ICF was ranked 300, up 115 slots from last year.
ICF (NASDAQ:ICFI) is a global consulting services company with over 7,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; our ability to acquire and successfully integrate businesses; and the effects of the novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on the health of our staff and that of our clients, the continuity of our and our clients' operations, our results of operations and our outlook. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements THAT are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.
First Quarter Highlights:
- Total Revenue Was $341 Million, up 13 Percent
- Diluted EPS Increased 23 Percent to $0.80; Non-GAAP EPS1 Was $0.87, up 13 Percent
- Adjusted EBITDA Margin on Service Revenue1 Was 11.8 Percent, up 60-Basis Points Year-on-Year
- Contract Awards of $289 Million; TTM Contract Awards Were $1.8 Billion For a Book-to-Bill Ratio of 1.3