secwatch.observer — SEC 8-K summary
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Issuer:     Everforth Inc (EFOR)
CIK:        0000890564
Form:       8-K
Filed at:   2026-07-29T20:15:09+00:00
Accession:  0000890564-26-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everforth Q2 2026: revenue $1.007B, Adj. EBITDA margin 9.6% exceed high-end guidance
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- Q2 revenue $1,007M (down 1.3% YoY but above guidance); net income $14.2M ($0.35 EPS) vs $29.3M ($0.67) YoY.
- Adjusted EBITDA $96.7M (9.6% margin) exceeded high-end of guidance; operating cash flow $52.2M, FCF $46.3M.
- Repurchased 0.4M shares for $11.5M; repaid $23.9M debt; post-quarter refinanced to $600M revolver (5-yr).
- Commercial segment book-to-bill TTM 1.2x; Federal segment new awards TTM $0.9B (book-to-bill 0.8x).
- Management cites AI adoption driving demand; believes IT services will be key for AI integration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890564/000089056426000047/0000890564-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890564/000089056426000047/asgn-20260729.htm
  HTML page:      https://secwatch.observer/filing/0000890564-26-000047

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