Asgn Inc Stock Price, News & Analysis

Apex Systems UK, an ASGN brand (NYSE: ASGN), has achieved Great Place to Work® certification for the fourth consecutive year. The certification process involves a Trust Index™ survey and Culture Brief questionnaire, requiring organizations to score above 65%. The survey highlighted unanimous employee agreement on fair treatment regardless of orientation, race, or gender, and a secure work environment.

The company maintains a comprehensive approach to employee development through formal and informal training initiatives, regular innovation discussions, and community engagement through charitable efforts.

ECS, an ASGN brand specializing in IT systems integration, has been ranked second on CyberRisk Alliance and MSSP Alert's Top 250 Managed Security Service Providers list for 2024, moving up one spot from last year. This marks the fifth consecutive year ECS has been recognized among top competitors. The company offers various managed security solutions including MDR, XDR, and SOCaaS, serving both commercial and federal industries. Their Advanced Research Center (ARC) provides active threat intelligence and hunting to protect networks against sophisticated cyber threats.

ASGN, a provider of IT services and professional solutions, announced its participation in the BofA Securities Leveraged Finance Conference at the Boca Hotel, Boca Raton, Florida. CEO Ted Hanson will present on Tuesday, December 3, at 10:50 a.m. ET and will engage in investor meetings throughout the day. The presentation will be available via webcast, with both live and replay options accessible through the Investors' section of ASGN's website.

ECS, an ASGN brand, has been ranked as a top five provider of artificial intelligence and machine learning (AI/ML) solutions to the federal government in Deltek's Federal AI Market 2024-2028 report. The company has demonstrated significant presence in federal contracts, ranking second in Defense Agencies Big Data obligations and fourth in both Justice Agencies Big Data and Defense Big Data obligations during recent fiscal years. ECS maintains some of the largest AI environments for the Department of Defense (DoD) and provides various AI/ML mission solutions across federal government agencies.

ECS, an ASGN brand, has been recognized among the top five contractors for federal artificial intelligence and machine learning (AI/ML) solutions according to Deltek's Federal AI Market 2024-2028 report. This marks ECS's third appearance in the top 5 for AI/ML contract obligations. The company has demonstrated strong performance across multiple sectors, ranking second in Defense Agencies Big Data Dashboard, fourth in Justice Agencies Big Data Dashboard, and fourth in Defense Big Data contract obligations.

ECS specializes in providing data and AI/ML mission solutions for the federal government, particularly supporting Department of Defense (DoD) mission activities and maintaining major AI environments. The company focuses on responsible AI development and helps agencies address challenges related to data integrity, transparency, security, and governance.

A cybersecurity team led by ECS, an ASGN brand, has received a Centers for Medicare & Medicaid Services (CMS) Honor Award for improving breach and incident response times and increasing security team efficiency. ECS provides managed cybersecurity services to CMS, including enterprise security operations, incident response, SOC-as-a-service, threat intelligence analytics, data forensics, security engineering, penetration testing, and breach simulation. The team supports CMS Healthcare Marketplace and helps protect systems serving millions through Medicare, Medicaid, and other health programs.

ECS, an ASGN brand, announces strategic partnership with the NSA's Cybersecurity Collaboration Center (CCC) to enhance threat detection and response capabilities for the U.S. defense industrial base (DIB). Through this collaboration, ECS will integrate non-public, DIB-specific threat intelligence into its cybersecurity operations. The company currently manages the Army Endpoint Security Solution, protecting 800,000 U.S. Army endpoints from 1.5 million malicious events monthly. ECS has observed an increase in cyberattacks targeting the DIB throughout 2024, including ransomware campaigns, vulnerability exploits, and supply chain compromises.

ECS, an ASGN brand, has secured a $528 million prime contract from the Department of Homeland Security's CISA CDM Program Office. The six-year task order involves designing and implementing a standardized data integration solution for cybersecurity information across Federal Civilian Executive Branch agencies. ECS will provide solution engineering, testing, cybersecurity, operations and maintenance, program management, data governance, and training services. The project aims to enhance cyber situational awareness and improve threat detection and vulnerability remediation across federal government systems.

ASGN reported Q3 2024 financial results with revenues of $1.031 billion and net income of $47.5 million. The company's Adjusted EBITDA was $116.9 million, representing 11.3% of revenues. Commercial Segment revenues were $718.8 million (69.7% of total), while Federal Government Segment contributed $312.2 million (30.3%). IT consulting revenues reached $597.2 million, accounting for 57.9% of total revenues. The company repurchased 1.0 million shares for $95.6 million during the quarter and maintained strong cash position with $166.6 million in cash and cash equivalents.