earnings
confidence high
sentiment neutral
materiality 0.70
ASGN reports Q1 2026 revenue of $968.3M, net income $5.5M; acquires Quinnox, announces rebranding to Everforth
Everforth Inc
2026-Q1 EPS reported
$0.13
revenue$968,300,000
- First quarter 2026 revenues were $968.3M, in line with guidance; net income was $5.5M, down from $20.9M in Q1 2025
- Adjusted EBITDA (non-GAAP) was $83.6M, representing 8.6% of revenues; operating cash flow was $18.5M, free cash flow $9.1M
- Completed acquisition of Quinnox, a digital solutions provider; commercial segment TTM book-to-bill ratio was 1.1 to 1
- Federal segment new contract awards TTM were $0.8B, book-to-bill 0.7 to 1; company repurchased 0.8M shares for $39.0M
- Rebranding milestone: Everforth, Inc. to launch with NYSE ticker EFOR effective April 24, 2026; new commercial and federal leadership added