ICF Reports Third Quarter 2024 Results
1. ICF's Q3 revenue grew 3% year-on-year to $517 million. 2. Net income increased 38% to $33 million, driven by tax benefits. 3. Record business development pipeline of $10.6 billion indicates strong growth potential. 4. Operating margin expanded by 250 basis points to 8.9%, reflecting effective management. 5. 2024 guidance raised for EPS despite lowering revenue expectations due to pass-through adjustments.