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...

ICF Third Quarter Profit Jumps 26%, Revenue 11%

ICF International (NYSE: ICFI) released its financial results for the third quarter ended Sept. 30, 2011. The company reported its quarterly net income grew 26.3 percent year-over-year to $9.3 million while earnings per diluted share rose 23.7 percent to 47 cents. The company also reported that it generated $218.7 million in total revenue, a 10.6 percent increase over the $197.7 million it reported...

ICF International Releases Quarterly Financial Results

ICF International, Inc. (NASDAQ: ICFI) released its second quarter 2011 financial results on August 1. The company’s net income rose 24.5 percent over the fourth quarter of 2010 to $9.0 million, or $0.45 per diluted share, from $7.2 million, or $0.37 per diluted share. Operating income increased 22.5 percent over that period to $15,504,000 from $12,661,000. ICF’s quarterly revenue increased...

ICF International Appoints Ernest J. Moniz to Board of Directors; Kesavan Comments

ICF International (NASDAQ: ICFI) has appointed former Undersecretary of the Department of Energy Dr. Ernest J. Moniz to its board of directors. Moniz will replace David C. Lucien, who had served on the board since 2004. Moniz has developed extensive knowledge of the world energy and environmental markets at government positions, on boards of public and private companies and as a faculty member the...

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