earnings
confidence high
sentiment negative
materiality 0.65
ASGN Q1 revenues $968M, net income $20.9M; acquires TopBloc, names new President
Everforth Inc
2025-Q1 EPS reported
$0.48
revenue$968,300,000
- Net income $20.9M ($0.48 diluted EPS), down from $38.1M ($0.81) YoY; adjusted EBITDA $93.6M (9.7% of revenue).
- Total revenues $968.3M, down 8% YoY; Commercial segment $672.2M, Federal $296.1M.
- Acquired TopBloc (Workday consultancy); terms not disclosed. Appointed Shiv Iyer as President of ASGN.
- Repurchased 0.6M shares for $50.4M during the quarter.
- TTM bookings $1.3B Commercial (book-to-bill 1.1) and $1.5B Federal (1.2).