---
schema_version: "secwatch.filing_event.v1"
accession: "0000890564-23-000006"
form_type: "8-K"
ticker: "EFOR"
cik: "0000890564"
company_name: "Everforth Inc"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T10:43:05.221153+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ASGN Q1 revenues up 3.5% to $1.13B; EPS $0.99; IT consulting now 50.4% of revenue; board approves new $500M buyback

## Summary
- Revenue $1.13B (+3.5% YoY); net income $49.5M ($0.99 diluted EPS) vs $67.6M ($1.29) in Q1 2022.
- IT consulting revenues reached 50.4% of total (up from 42.4%); commercial consulting bookings record ~$392M.
- Commercial segment revenues $832.1M (flat YoY); federal segment $296.7M (+15% YoY).
- Adjusted EBITDA $123.5M (10.9% of revenue); operating cash flow $80.5M; free cash flow $68.8M.
- Board approved new two-year $500M stock repurchase program; repurchased 563,200 shares for $48.8M in Q1.

## SEC filing metadata
- accession: 0000890564-23-000006
- form_type: 8-K
- ticker: EFOR
- cik: 0000890564
- company_name: Everforth Inc
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890564/000089056423000006/0000890564-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890564/000089056423000006/asgn-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000890564-23-000006
- JSON: https://secwatch.observer/filing/0000890564-23-000006.json
- Plain text: https://secwatch.observer/filing/0000890564-23-000006.txt

## Key facts
- Earnings Releases
  Everforth Inc reported first quarter of 2023 results: revenue $1.1 billion, net income $49.5 million, EPS $0.99.
  - Period: first quarter of 2023
  - Revenue: $1.1 billion
  - Net income: $49.5 million
  - EPS: $0.99
  - Result: reported results
  source text: ASGN Incorporated (NYSE: ASGN), a leading provider of IT services and solutions, including technology and creative digital marketing, across the commercial and government sectors, reported financial results for the quarter ended March 31, 2023. Q1 2023 Highlights • Revenues were $1.1 billion, up 3.5 percent over the first quarter of 2022 • Net income was $49.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/890564/000089056423000006/0000890564-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
