Asgn Inc Stock Price, News & Analysis

ASGN reported strong Q1 2022 financial results, surpassing guidance with revenues of $1.1 billion, up 20.3% year-over-year. Income from continuing operations reached $67.6 million, reflecting a 57.9% increase. Adjusted EBITDA was $134.8 million, or 12.4% of revenues, marking a 39.1% rise. Share repurchases totaled $76.9 million. A new CFO, Marie Perry, will succeed Ed Pierce in August. The company projects second quarter 2022 revenues between $1.108 billion and $1.128 billion. ASGN aims for $6 billion in revenue by 2024.

ASGN Incorporated (NYSE: ASGN) has released its third annual Environmental Social Governance (ESG) Report, highlighting significant progress toward its sustainability objectives. In May 2021, ASGN joined the United Nations Global Compact, aligning its operations with universal principles on human rights and anti-corruption. The company has broadened its reporting frameworks and aims to enhance diversity within its senior management and supplier base. ASGN also plans to reduce carbon emissions based on a 2019 baseline. For more details, visit asgn.com/sustainability.

Apex Systems has attained the status of an AWS Advanced Consulting Partner, recognizing its commitment to excellence in cloud services. This designation reflects Apex's capabilities in customer satisfaction, AWS architect accreditation, and extensive cloud project management experience. The company focuses on delivering innovative solutions in areas like machine learning and digital modernization, aiming to enhance cloud adoption for clients.

ASGN Incorporated (NYSE: ASGN) plans to release its Q1 2022 financial results on April 27, 2022, at approximately 4:15 p.m. ET. A conference call hosted by CEO Ted Hanson will follow at 4:30 p.m. ET. The call will be accessible via dial-in with a specific conference ID, and a replay will be available until May 11, 2022. Interested parties can also access the webcast of the call on the company's website. ASGN is a premier provider of IT services and professional solutions across various sectors.

ASGN Incorporated (NYSE: ASGN) reported strong financial results for Q4 and FY 2021, with revenues of $1.1 billion, a 17% increase year-over-year. Income from continuing operations reached $65.4 million, up 35.4%. Full-year revenues totaled $4 billion, a 14.5% rise, while adjusted EBITDA for the year was $483.1 million, marking a 23% increase. The company initiated a $350 million stock repurchase program. Looking ahead, Q1 2022 revenue estimates range from $1.033 billion to $1.053 billion, indicating continued growth.

ASGN Incorporated (NYSE: ASGN) will release its fourth quarter and full year 2021 financial results on February 9, 2022, at approximately 4:15 p.m. ET. Following this, a conference call will be held at 4:30 p.m. ET, led by CEO Ted Hanson. Prepared remarks will be available on ASGN's website. Investors can participate via dial-in at 877-407-0792 or by accessing the webcast at www.asgn.com. A replay of the call will be available until February 23, 2022.

ECS, a leader in advanced technology solutions, announced the appointment of Sean Mullen as senior vice president of business development. Mullen, with over 30 years of experience, will focus on enhancing ECS’s growth through new partnerships. Previously, he held a similar role at Perspecta, implementing a successful go-to-market strategy. His leadership aims to drive market-leading growth and customer satisfaction in a complex public sector environment. ECS, part of ASGN (NYSE: ASGN), specializes in cloud, cybersecurity, and engineering solutions.