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ASGN (ASGN)

Earnings summaries and quarterly performance for ASGN.

Recent press releases and 8-K filings for ASGN.

ASGN Announces Rebranding to Everforth and Strategic Initiatives
ASGN
M&A
Share Buyback
New Projects/Investments
  • ASGN Incorporated will rebrand as Everforth in the first half of 2026, unifying its six current brands under a single parent identity to enhance operational efficiencies and deepen collaboration.
  • Despite a slight revenue decline to $4.1 billion in fiscal 2024, ASGN launched AI Factory and secured a $20 billion Department of Treasury cybersecurity contract through its ECS segment.
  • The company authorized a $1 billion share buyback plan and acquired TopBloc for $340 million, signaling strategic growth initiatives.
Nov 21, 2025, 5:28 AM
ASGN Announces Rebranding to EverForth and Outlines Strategic Vision with New Financial Targets
ASGN
New Projects/Investments
M&A
Guidance Update
  • ASGN announced its rebranding to EverForth, aiming to unify its brand equity, enhance internal collaboration, and simplify client engagement across its technology solutions offerings.
  • The company outlined a strategic focus on high-growth technology solutions, particularly in data and AI, cybersecurity, cloud, digital engineering, and customer experience, viewing AI as a significant tailwind and investing in proprietary tools and partnerships.
  • ASGN presented three-year financial targets (2025-2028), including a consolidated organic revenue CAGR of 4-6%, adjusted EBITDA margins of 12.5-13.5%, and cumulative free cash flow of upwards of $1 billion.
  • The company detailed a capital allocation strategy prioritizing organic growth, strategic M&A (highlighting recent acquisitions like TopBloc and GlideFast), and opportunistic share repurchases, including a newly approved $1 billion share repurchase program.
Nov 20, 2025, 1:30 PM
ASGN Announces Rebranding to EverForth and Provides 3-Year Financial Projections
ASGN
Guidance Update
New Projects/Investments
Share Buyback
  • ASGN announced its rebranding to EverForth, aiming to unify its brand, enhance collaboration, and simplify client engagement.
  • The company provided 3-year financial projections, targeting an organic revenue CAGR of 4-6%, Adjusted EBITDA margins ranging from 12.5-13.5% by 2028, and cumulative free cash flow of upwards of $1 billion.
  • ASGN anticipates 200-300 basis points of margin improvement over the three-year period, primarily from structural cost changes expected to generate up to $80 million in annualized savings.
  • The capital allocation strategy prioritizes organic growth investments, strategic acquisitions (projecting an additional $800 million-$900 million in revenue), and shareholder returns, including a newly approved $1 billion share repurchase program.
Nov 20, 2025, 1:30 PM
ASGN Announces New Brand, Strategic Focus, and Three-Year Financial Targets at 2025 Investor Day
ASGN
Guidance Update
New Projects/Investments
Share Buyback
  • ASGN is introducing EverForth as its new unified technology solutions brand, focusing on data and AI, cybersecurity, cloud, digital engineering, and customer experience.
  • The company is strategically positioning for growth by leveraging AI opportunities and strengthening partnerships with key technology providers such as Salesforce, ServiceNow, AWS, and Databricks.
  • ASGN projects a 3-year organic revenue CAGR of 4-6%, with adjusted EBITDA margins reaching 12.5-13.5% by 2028, and cumulative free cash flow of over $1 billion.
  • The company anticipates adding $800 million-$900 million in revenue through acquisitions and expects 200-300 basis points of EBITDA margin improvement, partly driven by up to $80 million in annualized SG&A savings.
  • ASGN's capital allocation strategy includes a newly approved $1 billion share repurchase program, the largest in its history, alongside continued investment in organic growth and strategic M&A.
Nov 20, 2025, 1:30 PM
ASGN Reports Third Quarter 2025 Results and Provides Fourth Quarter 2025 Estimates
ASGN
Earnings
Guidance Update
Share Buyback
  • ASGN reported revenues of $1.01 billion, net income of $38.1 million, and Adjusted EBITDA of $112.6 million for the third quarter ended September 30, 2025, with diluted earnings per share of $0.87.
  • The company provided fourth quarter 2025 financial estimates, projecting revenues between $960.0 million and $980.0 million, net income between $32.1 million and $35.7 million, and diluted earnings per share between $0.75 and $0.83.
  • During the third quarter of 2025, ASGN repurchased approximately 0.9 million shares of its common stock for $46.0 million.
  • IT consulting revenues constituted approximately 63 percent of total revenues in Q3 2025, an increase from 58 percent in the year-ago period, with the Commercial Segment's new bookings showing a book-to-bill ratio of 1.2 to 1 and the Federal Government Segment's new contract awards at 1.0 to 1 for the trailing-twelve-month period.
Oct 22, 2025, 8:05 PM