Everforth, Inc. (formerly ASGN Incorporated) reports developments tied to its technology and digital engineering business for commercial enterprises and U.S. government customers. Company updates commonly cover operating results, segment demand, contract activity, share repurchases, acquisitions, and the completed corporate name and NYSE ticker transition from ASGN to EFOR.
The company’s recurring news themes include AI and data, cloud and infrastructure, digital engineering, customer experience, cybersecurity, enterprise platforms, offshore delivery, and brand integration across its operating businesses. Federal updates include Everforth ECS, an IT systems integrator serving defense, intelligence, and federal civilian agencies, while commercial updates include Apex Systems partnerships and services for data, cloud, and FinOps programs.
Oxford Global Resources has been awarded the Best in KLAS designation for Business Solution Implementation Services, marking its seventh consecutive year of recognition. The company is ranked across four categories, further solidifying its role in enhancing patient care through effective staffing and consulting services. The KLAS award is based on extensive feedback from healthcare professionals and signifies excellence in software and services in the healthcare industry. This year, Oxford leads in Outsourced Coding, HIT Implementation Leadership for small businesses, and HIT Staffing.
ASGN Incorporated (NYSE: ASGN) will release its fourth quarter and full year 2020 financial results on February 10, 2021, at approximately 4:15 p.m. EST, followed by a conference call at 4:30 p.m. EST hosted by CEO Ted Hanson. Prepared remarks will be available on their website prior to the call. For participation, the dial-in number is 877-407-0792 (international: +1-201-689-8263) with Conference ID 13714744. A replay will be available from 7:30 p.m. EST on February 10 until February 24, 2021.
ECS, a leader in technology and engineering solutions, has secured a five-year, $28.8 million contract with the United States Marine Corps (USMC) to provide information technology service and support. This contract enables M&RA to optimize human resources for active and reserve members. ECS will leverage its expertise in AWS GovCloud to enhance the Manpower Information Portal and support over 50 cloud applications. The company has over two decades of experience with USMC, having previously established cloud environments meeting stringent security requirements.
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Apex Systems has partnered with University of Maryland Global Campus (UMGC) to enhance upskilling and reskilling initiatives, particularly for military veterans pursuing careers in cybersecurity. The collaboration offers tuition discounts for UMGC courses to Apex consultants completing Cyber Security Analyst Training. Apex employees can earn academic credits towards degrees after passing IT certification exams. This alliance aims to strengthen Apex's workforce development strategy and improve educational accessibility for veterans, accelerating their path to degree completion and career advancement.
ASGN Incorporated (NYSE: ASGN) announced its acquisition of Integrated Solutions Management, Inc. (ISM), which specializes in IoT technology and IT service management. Founded in 1991, ISM is recognized as an Elite ServiceNow partner, delivering significant deployments across sectors such as defense and healthcare. With approximately 75 skilled employees, ISM will enhance ASGN’s ECS segment, focusing on digital solutions for government and commercial clients. This acquisition aims to strengthen ASGN’s competitive edge in digital transformations.
ECS, a technology solutions provider and a segment of ASGN, announced a strategic partnership with Integrated Solutions Management (ISM), enhancing capabilities in IoT and IT strategies. This collaboration aims to leverage the ServiceNow platform to improve efficiencies and manage critical infrastructure in a post-COVID landscape. ECS has a strong foothold with over 20 years of experience in IT modernization and digital transformation, including managing IT operations for the USNS Mercy. The partnership looks to address asset management, IT operations, and security operations for remote workforce capabilities.
ASGN Incorporated (NYSE: ASGN) reported Q3 2020 revenues of $1.01 billion, a 0.9% increase year-over-year and 8.0% growth sequentially. Net income fell 8.9% to $52.3 million ($0.99 per diluted share). Adjusted EBITDA decreased to $113.3 million (11.2% of revenues). The federal government sector showed strong growth with a 40% annual increase, while commercial revenues declined 9.2% year-over-year. The firm completed two acquisitions, enhancing its service offerings. Cash and equivalents stood at $229.7 million.
ECS, a leader in technology solutions, has been ranked #14 among the 250 Top Managed Security Service Providers (MSSPs) by MSSP Alert. The list highlights successful MSSPs globally, considering metrics like revenue and operational excellence. ECS was recognized for its managed detection and response (MDR) and extended detection and response (XDR) services from its security operations center. This accolade follows previous recognition as a top public cloud MSP and #1 vertical market MSP in 2019 and 2020, showcasing ECS's robust performance in the cybersecurity sector.
ASGN Incorporated (NYSE: ASGN) will release its third quarter 2020 financial results on October 28, 2020, at approximately 4:15 p.m. EDT. A quarterly conference call will follow at 4:30 p.m. EDT, hosted by CEO Ted Hanson. The prepared remarks will be posted on its website beforehand. Investors can access the call at 877-407-0792, with a replay available from 8:00 p.m. EDT on the same day until November 11, 2020. ASGN is a leading provider of IT and professional services across various sectors, aiming to be a trusted partner for human capital solutions.