icf international inc (ICFI) Key Developments
S. Lawrence Kocot Submits Resignation from Board of Directors of ICF International, Inc., and the Audit Committee, Effective April 25, 2015
Apr 20 15
On April 15, 2015, Mr. S. Lawrence Kocot, a director of ICF International Inc., submitted his resignation from the company's Board of Directors and the Audit Committee, effective April 25, 2015. Mr. Kocot's decision to resign did not involve any disagreement with the company, the company's management or the Board of Directors.
ICF International Inc. Announces Executive Changes
Apr 14 15
ICF International announced that Andrea Baier, senior vice president and strategic account leader for ICF, will succeed Executive Vice President Isabel Reiff as head of Corporate Growth and Business Development. Ms. Reiff, a named executive officer of the company, will retire on July 31, 2015,after more than 25 years of service. Ms. Baier has been with ICF for 26 years and has reported to Ms. Reiff for the past eight years. Ms. Reiff joined ICF in 1989 and has more than 30 years of experience in public policy and program consulting. She has led ICF's corporate growth and strategic accounts group since 2007 and has managed operating groups and significant client engagements in different parts of the business.
ICF International Inc. Presents at 4th Annual Japan Airfinance Conference, Apr-16-2015 03:00 PM
Apr 13 15
ICF International Inc. Presents at 4th Annual Japan Airfinance Conference, Apr-16-2015 03:00 PM. Venue: The Peninsula Tokyo, Tokyo, Japan. Speakers: John Cunningham, Senior Advisor - Aviation Consulting & Services.
ICF International Inc. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the Year of 2015
Feb 26 15
ICF International Inc. announced unaudited consolidated financial results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported gross revenue of $276.426 million against $229.759 million a year ago. Operating income was $16.610 million against $12.587 million a year ago. Income before income taxes was $14.677 million against $11.789 million a year ago. Net income was $8.763 million or $0.44 per diluted share against $7.756 million or $0.38 per diluted share a year ago. Adjusted EBITDA was $26.577 million against $18.275 million a year ago. Adjusted EPS was $0.51 against $0.40 a year ago. EBITDA was $24.494 million against $17.739 million a year ago.
For the year, the company reported gross revenue of $1,050.134 million against $949.303 million a year ago. Operating income was $69.362 million against $64.685 million a year ago. Income before income taxes was $64.150 million against $62.226 million a year ago. Net income was $40.030 million or $2 per diluted share against $39.330 million or $1.95 per diluted share a year ago. Adjusted EBITDA was $98.626 million against $86.303 million a year ago. Adjusted EPS was $2.19 against $1.98 a year ago. Net cash provided by operating activities was $79.160 million against $80.813 million a year ago. Capital expenditures for property and equipment and capitalized software were $12.974 million against $14.161 million a year ago. EBITDA was $93.168 million against $85.400 million a year ago.
For the year, the company expects revenue in the range of $1.175 billion-$1.225 billion, non-GAAP diluted EPS in the range of $2.78 - $2.93, GAAP diluted EPS in the range of $2.25 - $2.40 and cash flow from operating activities in the range of $90 million - $100 million. The company is currently forecasting full year depreciation and amortization expense to be in the range of $18.5 million to $19.5 million. The company is forecasting amortization of intangibles to be $17.2 million for 2015 or tax effective impact of $0.53 per share. The company is expecting full year interest expense of $9 million to $10 million. Capital expenditures are anticipated to be in the $18 million to $20 million range. The company expects a full year tax rate of no more than 38%.
ICF International Inc. Presents at 5th Annual Aerospace Raw Materials & Manufacturers Supply Chain Conference, Mar-02-2015 through Mar-04-2015
Feb 24 15
ICF International Inc. Presents at 5th Annual Aerospace Raw Materials & Manufacturers Supply Chain Conference, Mar-02-2015 through Mar-04-2015. Venue: Beverly Wilshire, Beverly Hills, California, United States. Presentation Date & Speakers: Mar-03-2015, David Stewart, VP, Aerospace & MRO Practice Leader. Mar-04-2015, Jonathan Berger, VP, Technical Services.