earnings
confidence high
sentiment negative
materiality 0.70
ASGN Q2 EPS $1.22 vs $1.41 YoY; revenues $1.13B, net income down 17%
Everforth Inc
2023-Q2 EPS reported
$2.21
revenue$2,259,700,000
- Net income $60.1M (diluted EPS $1.22) vs $72.5M ($1.41) in Q2 2022; revenues $1.13B vs $1.14B.
- Adjusted EBITDA $135.2M (12.0% of revenues), above top end of guidance; operating cash flow $112.5M, free cash flow $101.3M.
- IT Consulting segment revenues 53.1% of total (up from 45% in Q2 2022); Commercial consulting revenues $281.1M (+26.5% YoY).
- Federal government segment revenues $319.6M (+9.8% YoY); new awards TTM $1.1B, book-to-bill 0.9.
- Repurchased 836,257 shares for $57.6M in Q2; full availability under $460M revolver.