secwatch.observer — SEC 8-K summary
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Issuer:     Everforth Inc (EFOR)
CIK:        0000890564
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0000890564-23-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890564/000089056423000006/0000890564-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890564/000089056423000006/asgn-20230426.htm
  HTML page:      https://secwatch.observer/filing/0000890564-23-000006

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