---
schema_version: "secwatch.filing_event.v1"
accession: "0000890564-23-000014"
form_type: "8-K"
ticker: "EFOR"
cik: "0000890564"
company_name: "Everforth Inc"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:36:57.833655+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ASGN Q2 EPS $1.22 vs $1.41 YoY; revenues $1.13B, net income down 17%

## Summary
- 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.

## SEC filing metadata
- accession: 0000890564-23-000014
- form_type: 8-K
- ticker: EFOR
- cik: 0000890564
- company_name: Everforth Inc
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890564/000089056423000014/0000890564-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890564/000089056423000014/asgn-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000890564-23-000014
- JSON: https://secwatch.observer/filing/0000890564-23-000014.json
- Plain text: https://secwatch.observer/filing/0000890564-23-000014.txt

## Key facts
- Earnings Releases
  Everforth Inc reported the second quarter of 2023 results: revenue $1.1 billion, net income $60.1 million, EPS $1.22. Guidance reaffirmed.
  - Period: the second quarter of 2023
  - Revenue: $1.1 billion
  - Net income: $60.1 million
  - EPS: $1.22
  - Guidance: reaffirmed
  - Result: reported results
  source text: and creative digital marketing, across the commercial and government sectors, reported financial results for the quarter ended June 30, 2023. Q2 2023 Highlights • Revenues were $1.1 billion • Net income was $60.1 million • Adjusted EBITDA (a non-GAAP measure) was $135.2 million (12.0 percent of revenues) • Operating cash flows were $112.5 million and Free Cash Flow
  evidence_url: https://www.sec.gov/Archives/edgar/data/890564/000089056423000014/0000890564-23-000014-index.htm

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