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More Fiscal Results Trickle In

More government contractors announced fiscal figures this week.

MAXIMUS announced a 15% revenue growth.

ICF’s Sudhakar Kesavan commented on his firm’s numbers.

Meanwhile NCI (NASDAQ: NCIT) reported the following:

“For the first quarter of 2010, NCI reported revenue of $115 million compared to $105 million for the first quarter of 2009 with an organic revenue growth rate of approximately 6.2%. We define our organic revenue growth rate as the increase in revenue, from period to period, excluding the effect of acquisitions. Operating income for the first quarter of 2010 was $8.8 million, compared to $8.0 million for the first quarter of 2009. Operating margin of 7.7% for the first quarter of 2010 compared with an operating margin of 7.6% for the same period in 2009. Net income for the first quarter of 2010 was $5.5 million, compared to $4.7 million for the same period in 2009. Diluted earnings per share for the first quarter were $0.39 per share, compared to $0.34 per share for the comparable period in 2009. The effective tax rate for the first quarter of 2010 was 36.9%, which is lower than the prior year first quarter rate of 40.0%. Diluted shares outstanding for the first quarter of 2010 were 13.9 million shares compared to 13.7 million shares for the first quarter of 2009.”

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