Adjusted EBITDA was $46.0 million , down from $56.3 million , with an adjusted EBITDA margin of 10.4% compared with 11.3% a year earlier. Broadus attributed the decline primarily to lower gross margin and the shutdown’s temporary effects. Net income was $17.3 million , or $0.94 per diluted share, compared with $24.6 million , or $1.30 per diluted share, in the prior year. Non-GAAP EPS was $1.47 , down from $1.87 .Commercial, state and local, and international revenue increased 16% year-over-year and represe ...

Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $443.7 million, a 10.6% decline year-over-year from $496.3 million in Q4 2024 [18] - Full-year revenue decreased to $1.87 billion from $2.02 billion in 2024, with a 25.7% decline in federal revenues offset by a 14.2% growth in non-federal business [23][24] - Adjusted EBITDA for 2025 totaled $207.2 million, with an adjusted EBITDA margin of 11.1%, stable compared to 11.2% in the previous year [25] Business Line Data and Key Metrics Changes - Revenue from commercial energy clients increased by 24% in 2025, accounting for nearly one-third of total revenue [20] - Revenues from state and local government clients increased by 2.2% for the year, with disaster recovery work making up approximately 45% of these revenues [10] - International government revenues grew by 7.6% for the year, driven by contracts with the European Commission and the UK government [11] Market Data and Key Metrics Changes - The commercial energy sector is projected to achieve double-digit growth in 2026, with a market share of 35% in residential and 20% in commercial and industrial energy efficiency [6][40] - The total addressable market for utility programs, including residential and commercial energy efficiency, is estimated to be between $3 billion and $5 billion [75] - The federal business is expected to decline at a high single-digit rate in 2026, with a return to growth anticipated by 2027 [16][57] Company Strategy and Development Direction - The company aims to increase non-federal revenues to over 60% of total revenues in 2026, driven by strong demand in commercial energy [12][33] - Continued investment in AI and technology capabilities is a priority to support long-term growth aspirations [25] - The company plans to pursue strategic acquisitions and maintain a disciplined approach to capital allocation, including share repurchases and dividends [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a return to revenue growth in 2026, anticipating a 10% year-on-year increase at the midpoint [3][33] - The procurement environment for federal contracts is improving, with no recent contract cancellations reported [56] - The company is well-positioned to benefit from increased federal IT modernization budgets and ongoing demand for efficiency improvements [15][62] Other Important Information - The company ended 2025 with a backlog of $3.4 billion and a business development pipeline of $8.6 billion, indicating strong growth expectations [4][26] - The company repurchased approximately 564,000 shares in 2025, reflecting confidence in its long-term outlook [29] Q&A Session Summary Question: Growth in commercial energy business - The commercial energy business grew about 24% in 2025, with expectations for at least 10% organic growth in 2026, driven by utility programs [39][40] Question: Comparison with competitors - ICF's commercial energy business is larger than competitors like Willdan, focusing more on residential and public sector clients [44][48] Question: Non-federal revenue projections - The exit rate in Q4 2025 is a good proxy for the projected non-federal share exceeding 60% in 2026 [53] Question: Federal procurement environment - The procurement environment is improving, with no recent disruptions, and IT modernization is expected to return to growth [56][57] Question: International growth drivers - Recent large contracts with the European Commission and UK government are driving international growth, with expectations for double-digit growth [72]

ICF International (NasdaqGS:ICFI) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Speaker5Welcome to the fourth quarter and full year 2025 ICF earnings conference call. My name is Lauren Cannon. I will be your operator for today's call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one one on your telephone. You will hear an automated message advisi ...

FTI Consulting (FCN) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +28.52%. A quarter ago, it was expected that this business advisory firm would post earnings of $1.93 per share when it actually produced earnings of $2.6, delivering a surprise of +34.72%.Over the last four quarters ...

Accenture plc (NYSE:ACN) is included among the Goldman Sachs Dividend Stocks: Top 14 Stock Picks. Accenture (ACN) Targets Infrastructure Growth in Latin America with Verum Acquisition Pixabay/Public Domain On February 24, Accenture plc (NYSE:ACN) announced it had agreed to acquire Verum Partners, a firm focused on infrastructure and capital projects management. Verum brings experience across mining, metals, transportation, logistics, chemicals, and energy. Accenture plans to combine its digital and adva ...

FEBRUARY 24, 2026 © 2026 Huron Consulting Group Inc. and affiliates. Forward-looking Statements FY 2026 Outlook & AI: The Opportunity for Huron Q4 2025 Earnings Supplemental Materials February 24, 2026 Statements in this presentation that are not historical in nature, including those concerning the company's current expectations about its future results, are "forward-looking" statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform ...

US stocks pushed into the green in the first minutes of trading Tuesday, aiming to recover from steep losses led by fears of AI disruption as President Trump's new global tariff came into effect. The Dow Jones Industrial Average (^DJI) led the way up, gaining roughly 0.8%, or more than 350 points, while the S&P 500 (^GSPC) picked up roughly 0.4%. The tech-heavy Nasdaq Composite (^IXIC) gained 0.5% as AMD (AMD) shares jumped as much as 10% after the chipmaker entered a deal to provide Meta (META) with a hu ...

NEW YORK and TOKYO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (NASDAQ: HTCR) (“HeartCore” or the “Company”), an IPO consulting services company based in Tokyo, today announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company may repurchase up to $2.0 million of its outstanding shares of common stock. The Board’s decision reflects management’s view regarding the Company’s current valuation and long-term capital allocation priorities. As o ...

Core Insights - Aon plc is consolidating its three Mumbai offices into a single modern location at One Unity Centre, enhancing collaboration and innovation among approximately 450 employees [1][3] - The new office aims to provide a sustainable and accessible workplace that fosters creativity and teamwork, aligning with Aon's smart working approach [2][3] Company Strategy - The consolidation of offices is a strategic move to unite teams in Mumbai, reflecting Aon's commitment to innovation and client service across various industries [2][3] - Aon has a strong national presence in India with 17 locations, enabling the firm to deliver integrated solutions and local expertise to clients [2][5] Leadership Perspective - Rishi Mehra, CEO of Aon India, emphasized that the new office represents a significant milestone for the company, reinforcing its commitment to helping organizations navigate complex challenges [3] Workplace Features - The new office includes technology-enabled meeting rooms, flexible collaboration zones, and facilities focused on employee wellbeing, designed to create a future-ready workplace [3]

Core Viewpoint - Hackett Group (HCKT) reported quarterly earnings of $0.4 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, but down from $0.47 per share a year ago, indicating a mixed performance in earnings despite a positive surprise [1][2]. Financial Performance - The company achieved revenues of $74.82 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 6.66%, although this is a decrease from $77.46 million in the same quarter last year [2]. - Over the last four quarters, Hackett Group has exceeded consensus EPS estimates two times and topped revenue estimates three times [2]. Stock Performance - Hackett Group shares have declined approximately 29% since the beginning of the year, contrasting with a slight decline of 0.1% in the S&P 500 [3]. - The current Zacks Rank for Hackett Group is 3 (Hold), suggesting that the stock is expected to perform in line with the market in the near future [6]. Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $73 million, while the estimate for the current fiscal year is $1.72 on revenues of $292.7 million [7]. - The trend of earnings estimate revisions is mixed ahead of the earnings release, which may influence future stock performance [6]. Industry Context - The Consulting Services industry, to which Hackett Group belongs, is currently ranked in the bottom 45% of over 250 Zacks industries, indicating potential challenges in outperforming the market [8].