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ASGN (ASGN)

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Recent press releases and 8-K filings for ASGN.

ASGN Incorporated Reports Q4 and Full Year 2025 Results, Announces Acquisition and Rebranding
ASGN
Earnings
M&A
Guidance Update
  • ASGN Incorporated reported Q4 2025 revenues of $980.1 million and full year 2025 revenues of $3,980.4 million, with net income of $25.2 million for Q4 2025 and $113.5 million for the full year ended December 31, 2025.
  • On January 20, 2026, the company announced a definitive agreement to acquire Quinnox Inc. for $290 million in cash, which is expected to enhance its digital engineering and complex global delivery capabilities.
  • ASGN is transitioning its brand to Everforth in the first half of 2026, unifying its six brands under a new customer and investor-facing identity.
  • For Q1 2026, ASGN estimates revenues between $960.0 million and $980.0 million, and net income between $25.8 million and $29.4 million. The company also repurchased 1.4 million shares for $64.2 million in Q4 2025.
2 days ago
ASGN Reports Q4 2025 Results, Announces Quinnox Acquisition, and Provides Q1 2026 Guidance
ASGN
Earnings
M&A
Guidance Update
  • ASGN reported Q4 2025 revenues of $980.1 million and an adjusted EBITDA margin of 11%, with IT consulting revenues comprising 63% of the total. The company generated $93.7 million in free cash flow and repurchased $64.2 million in shares during the quarter.
  • The company announced the acquisition of Quinnox for $290 million in cash, expected to close in March 2026, which is anticipated to increase the net leverage ratio to approximately 2.9 times post-acquisition. Quinnox is expected to generate approximately $100 million in 2025 revenues with low- to mid-teens growth in 2026 and low 20% adjusted EBITDA margins.
  • For Q1 2026, ASGN estimates revenues between $960 million and $980 million, and adjusted EBITDA between $93.5 million and $98.5 million, with an adjusted EBITDA margin of 9.7% to 10.1%. This guidance does not include Quinnox's contribution.
  • ASGN also announced a new $1 billion share repurchase program and plans to launch a new unified brand, Everforth, in the first half of 2026.
2 days ago
ASGN Announces Q4 and Full-Year 2025 Results and Q1 2026 Guidance
ASGN
Earnings
Guidance Update
Share Buyback
  • ASGN reported Q4 2025 revenues of $980.1 million and full-year 2025 revenues of $3,980.4 million. Diluted earnings per share were $0.59 for Q4 2025 and $2.60 for the full year 2025.
  • The company's Adjusted EBITDA was $107.9 million in Q4 2025 and $422.6 million for the full year 2025.
  • For Q1 2026, ASGN estimates revenues between $960.0 million and $980.0 million, with diluted earnings per share projected to be between $0.62 and $0.71.
  • As of December 31, 2025, ASGN had a total leverage ratio of 2.78 to 1 and a net leverage ratio of 2.40 to 1. The company also used $170.1 million for stock repurchases in 2025.
2 days ago
ASGN Reports Q4 2025 Results, Announces Quinnox Acquisition, and Provides Q1 2026 Guidance
ASGN
Earnings
M&A
Guidance Update
  • ASGN reported Q4 2025 revenues of $980.1 million, at the top end of its guidance range, with an Adjusted EBITDA margin of 11%, exceeding expectations. The company generated $93.7 million in free cash flow and repurchased $64.2 million in shares during the quarter.
  • The company announced the acquisition of Quinnox for $290 million in cash, expected to close in March 2026, which will enhance digital engineering and global delivery capabilities. Quinnox is projected to contribute $100 million in 2025 revenues with low- to mid-teens growth in 2026 and low 20% adjusted EBITDA margins.
  • For Q1 2026, ASGN anticipates revenues between $960 million and $980 million and Adjusted EBITDA between $93.5 million and $98.5 million, with an Adjusted EBITDA margin of 9.7%-10.1%. This guidance does not include contributions from Quinnox.
  • ASGN is implementing a rebranding to Everforth in the first half of 2026 and expects to achieve $80 million in structural cost savings over three years. The company also approved a new $1 billion share repurchase program.
2 days ago
ASGN Reports Q4 2025 Results, Announces Quinnox Acquisition, and Provides Q1 2026 Guidance
ASGN
Earnings
M&A
Guidance Update
  • ASGN reported Q4 2025 revenues of $980.1 million and an Adjusted EBITDA margin of 11%, both at the top end or exceeding expectations.
  • The company announced the acquisition of Quinnox for $290 million in cash, expected to close in March 2026, which will enhance digital engineering capabilities and is anticipated to be accretive. Post-acquisition, the net leverage ratio is projected to be 2.9x.
  • ASGN generated $93.7 million in free cash flow in Q4 2025 and repurchased $64.2 million in shares.
  • For Q1 2026, ASGN provided guidance of revenues between $960 million and $980 million and Adjusted EBITDA between $93.5 million and $98.5 million.
  • The company is also adopting a new unified brand, Everforth, in the first half of 2026, to support its transition towards higher-value technology and digital engineering solutions, with AI being a dominant driver of demand.
2 days ago
ASGN Reports Fourth Quarter and Full Year 2025 Results, Announces Acquisition and Rebranding
ASGN
Earnings
M&A
Guidance Update
  • ASGN reported Q4 2025 revenues of $980.1 million and full-year 2025 revenues of $4.0 billion, with Adjusted EBITDA of $107.9 million (11.0% margin) for Q4 and $422.6 million (10.6% margin) for the full year.
  • The company generated $288.1 million in Free Cash Flow for the full year 2025 and repurchased 3.1 million shares for $170.1 million during the same period.
  • On January 20, 2026, ASGN announced a definitive agreement to acquire Quinnox Inc. for $290 million in cash.
  • For Q1 2026, ASGN estimates revenues between $960.0 million and $980.0 million and Adjusted EBITDA between $93.5 million and $98.5 million.
  • ASGN is transitioning its brand to Everforth in the first half of 2026.
2 days ago
ASGN Announces Quinnox Acquisition, Q4 2025 Estimates, and Rebranding
ASGN
M&A
Guidance Update
Share Buyback
  • ASGN Incorporated has signed a definitive agreement to acquire Quinnox Inc., a digital solutions provider, for $290 million in cash. The transaction is expected to close in March 2026 and is anticipated to be accretive to Adjusted EPS in the first full year post close. Quinnox generated approximately $100 million in revenue in 2025 and expects low-to-mid teens revenue growth in 2026.
  • The company reconfirmed that it expects Q4 2025 revenues to be at the high end of the previously announced guidance range of $960 million to $980 million. Adjusted EBITDA for Q4 2025 is also expected to be at the high end of the previously announced range of $102 million to $107 million.
  • During Q4 2025, ASGN repurchased 1.4 million shares for $64.2 million at an average share price of $46.05 , with $972 million remaining under its $1 billion share buyback program.
  • ASGN Incorporated announced its intent to rebrand to Everforth in the first half of 2026.
Jan 20, 2026, 2:03 PM
ASGN to Acquire Quinnox, Updates Q4 2025 Estimates, and Provides Share Buyback Details
ASGN
M&A
Guidance Update
Share Buyback
  • ASGN Incorporated (soon to be renamed Everforth) has signed a definitive agreement to acquire Quinnox Inc., a digital solutions provider, for $290 million in cash, with the transaction expected to close in March 2026. This acquisition is intended to enhance ASGN's digital engineering and complex delivery capabilities.
  • Quinnox generated approximately $100 million in revenue in 2025 and is projected to achieve low-to-mid teens revenue growth and low 20-percent Adjusted EBITDA margins in 2026. The acquisition is expected to be accretive to ASGN's Adjusted EPS in the first full year post close.
  • ASGN reconfirmed its Q4 2025 financial estimates, expecting revenues to be at the high end of $960 million to $980 million and Adjusted EBITDA at the high end of $102 million to $107 million.
  • During Q4 2025, ASGN repurchased 1.4 million shares for $64.2 million and has $972 million remaining under its $1 billion share buyback program.
Jan 20, 2026, 2:00 PM
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