Sudhakar Kesavan: ICF Books $618M in Contracts for 3Q 2014

Sudhakar Kesavan
Sudhakar Kesavan ICF International (NASDAQ: ICFI) has announced financial results for the third quarter of its 2014 fiscal year ended Sept. 30, 2014. The company recorded an 8.5-percent increase in revenue to $264.8 million from the prior year quarter and a 9.5-percent uptick in profit to $12.3 million, a figure ICF says is exclusive of acquisition costs and special charges. “Contract awards...

ICF International Closes $295M Olson Buy; Sudhakar Kesavan Comments

Sudhakar Kesavan
Sudhakar Kesavan ICF International (NASDAQ: ICFI) has completed the acquisition of Olson, a provider of marketing technology and digital services, for $295 million. ICF bought Olson in cash from private equity firm KRG Capital Partners and other shareholders, ICF said Wednesday. “Together, ICF and Olson will guide clients through this new digital revolution across all markets, offering the...

Sudhakar Kesavan: ICF’s $295M Buy of Olson Targets Digital Tech Market

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ICF International (NASDAQ: ICFI) has agreed to purchase marketing technology and digital services firm Olson from KRG Capital Partners and other shareholders in a $295 million cash transaction nearly one year after ICF acquired CITYTECH and Mostra. Fairfax, Virginia-based ICF expects the transaction to close within the next month as part of its efforts to grow its customer engagement portfolio...

Sudhakar Kesavan: ICF to Buy Belgium-Based Mostra for Europe Market Push

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ICF International (NASDAQ: ICFI) has moved to grow its communications services portfolio in Europe by agreeing to buy Brussels, Belgium-based Mostra S.A. for an undisclosed amount. ICF intends for the acquisition to increase its earnings per share starting in the second quarter of its 2014 fiscal year and will adjust the company’s 2014 metrics to reflect the transaction, ICF said Tuesday. Sudhakar...

ICF 1Q 2013 Revenue Up 3%, Profit Up 13%; Sudhakar Kesavan Comments

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Sudhakar Kesavan ICF International (NASDAQ: ICFI) has announced financial results for the first quarter of its 2013 fiscal year, ended March 31, 2013. Total revenue increased 2.8 percent to $233.9 million over the $227.6 million from the prior year period and profit grew 13.1 percent to $10.1 million over the $8.9 million from the previous year. Commercial client revenue grew 14.3 percent to $67 million,...

ICF 2012 Revenue Jumps 11%, Profit Up 9%; Sudhakar Kesavan Comments

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Sudhakar Kesavan ICF International (NASDAQ: ICFI) has announced financial results for both its fourth quarter and full 2012 fiscal year ended Dec. 31, 2012. Full year revenue increased 11.5 percent to $937.1 million and fourth quarter revenue increased 8.4 percent over the prior-year period to $232 million. Profit for the full year increased 9.2 percent to $38.1 million and fourth quarter profit rose...

ICF 3Q Revenue Jumps 9%; Sudhakar Kesavan Comments

Sudhakar Kesavan ICF International (NASDAQ: ICFI) has announced financial results for the third quarter of fiscal year 2012, ended Sept. 30, 2012. The company reported an 8.8 percent increase in revenue over the prior year period, recording $237.9 million in 2012’s third quarter compared to the $218.7 million recorded in third quarter 2011. Revenue for the first nine months of fiscal 2012 was...

ICF Buys Energy Analytics Tech Firm Assets; Sudhakar Kesavan Comments

ICF International (NASDAQ:ICFI) has purchased the assets of a Boulder, Colo.-based technology firm that makes an analytical platform for utilities to manage energy consumption and programs. ICF said it has hired seven employees from Symbiotic Engineering, who will continue development work on the cloud computing-based Sustainability Information Management System platform. ICF helps utilities use new...

ICF Names Veteran Utility Exec Cheryl Grise to the Board; Sudhakar Kesavan Comments

ICF International (NASDAQ:ICFI) has elected Cheryl Grise, a former executive vice president of holding company Northeast Utilities, to the board of directors. The company said she served as EVP from from December 2005 until retiring in July 2007. She brings executive level experience and expertise in the energy and utility sector, along with previous experience serving on boards of public companies,...

ICF to Acquire Web Development Firm Ironworks for $100M Cash

ICF International (NASDAQ: ICFI) has signed a definitive agreement to purchase interactive web development firm Ironworks Consulting LLC for $100 million cash, ICF announced Monday. ICF said it expects the deal to increase its earnings per share in 2012 and include a tax benefit that carries a net present value of approximately $23 million. Ironworks provides customer engagement solutions across...