Asgn Inc Stock Price, News & Analysis

Apex Systems, a global technology services firm and ASGN brand (NYSE: ASGN), has announced its availability in the Microsoft Azure Marketplace. This move allows Apex customers to leverage Azure's cloud platform for streamlined deployment and management. Apex's debut offering is a workshop on Microsoft Fabric, an AI-powered analytics platform, led by their Chief Solutions Director of Data and AI, Zac Guidone.

As a certified Microsoft Data and AI Solutions Partner, Apex has been testing Microsoft Fabric in its Innovation Lab for the past year. The company plans to introduce additional Azure Marketplace offerings, including PowerApps and Data Security solutions. This strategic move is expected to accelerate growth, increase brand awareness, and build new client relationships for Apex Systems in the commercial consulting marketplace.

ECS, an ASGN brand specializing in IT systems integration, has achieved Amazon Web Services (AWS) Managed Service Provider status for the tenth consecutive year. This recognition highlights ECS's expertise in providing comprehensive AWS solutions for customers at various stages of their cloud journey. The designation sets ECS apart as an AWS Partner Network member capable of delivering specialized consulting and managed services for complex AWS projects.

Ross Serino, VP of Cloud Operations at ECS, emphasized the trust government customers place in ECS for mission-critical goals. John Heneghan, ECS president, highlighted the company's commitment to leveraging AI and machine learning to drive better outcomes for customers, focusing on modernizing legacy systems, enhancing cybersecurity, and driving digital transformation.

ECS, an ASGN brand, has been awarded a prime contract on the National Institute of Allergy and Infectious Diseases (NIAID) Enabling and Advancing Technologies (NEAT) blanket purchase agreement. This five-year, multi-award contract represents new work for ECS and is expected to have a spend of $1.1 billion. ECS will provide a wide range of IT support services to NIAID, including cybersecurity, AI, and data management and analytics.

The contract supports NIAID's mission of conducting research to understand, treat, and prevent infectious, immunologic, and allergic diseases. ECS aims to enhance NIAID's scientific research through IT innovation and modernization efforts.

ASGN Incorporated (NYSE: ASGN), a leading provider of IT services and professional solutions, has announced its participation in Canaccord Genuity's 44th Annual Growth Conference. The event will take place on Tuesday, August 13 at the InterContinental Boston. Ted Hanson, CEO of ASGN, is scheduled to present at 12 p.m. ET and will engage in investor meetings throughout the day.

The presentation will be webcast live, with a link to both the live event and replay available on the Investors' section of ASGN's website at investors.asgn.com. This participation provides an opportunity for ASGN to showcase its growth strategies and connect with potential investors.

ASGN Incorporated reported its Q2 2024 financial results, with revenues of $1.035 billion and net income of $47.2 million. The company's Adjusted EBITDA was $117.1 million, representing 11.3% of revenues. IT consulting revenues accounted for 57.1% of total revenues, up from 53.1% a year ago. The Commercial Segment saw a 10.6% year-over-year decline, while the Federal Government Segment decreased by 3.3%. Despite cautious client spending, ASGN remains focused on higher-value IT consulting solutions. The company repurchased 1.1 million shares for $108.0 million and provided financial estimates for Q3 2024, projecting revenues between $1.024 billion and $1.044 billion.

ASGN Incorporated (NYSE: ASGN) will host its second quarter 2024 earnings release and conference call on Wednesday, July 24, 2024, at 4:30 p.m. ET. Financial results and prepared remarks will be available on the company's website before the call. The conference call can be accessed by dialing 877-407-0792 (or +1-201-689-8263 outside the U.S.), using Conference ID number 13746773.

A replay will be available from 7:30 p.m. ET on July 24, 2024, until August 7, 2024. The replay can be accessed by dialing 844-512-2921 (or +1-412-317-6671 outside the U.S.), using the same access code.

The webcast for the conference call will be accessible at www.asgn.com.

ECS, a leader in advanced technology and an ASGN brand, has been named a prime contractor on the FBI's Information Technology Supplies and Support Services 2nd Generation (ITSSS-2) blanket purchase agreement. The contract, with a ceiling of $8 billion over eight years, enables ECS to provide critical IT services and technology solutions to the FBI and the Department of Justice. ECS has supported the FBI since 1995 and will offer AI-infused IT solutions and emerging technologies under this agreement.

ECS, a leader in advanced technology solutions and an ASGN brand, has received its seventh Top Workplaces award from The Washington Post. The award recognizes ECS as one of 250 organizations in the Washington area for 2024, based on employee feedback on various workplace aspects such as development, appreciation, pay, and work-life balance.

ECS emphasizes employee experience by investing in training, skills growth, and education. The company also supports employee-nominated charitable causes, matching their donations. Initiatives like ECS Pitch Day encourage innovation, allowing employees to present new ideas. ECS also fosters inclusivity through 10 diverse employee resource groups, including groups for Women Professionals, Black Professionals, and LGBTQIA+ Professionals.

John Heneghan, president of ECS, credits the award to the dedication and community spirit of ECS employees. He emphasizes the company's commitment to continued investment in its workforce.

ASGN has released its fifth annual Environmental Social Governance (ESG) Report, highlighting significant strides in sustainability and corporate responsibility. Key achievements include submitting a near-term 2030 emissions reduction target and a net-zero 2050 target to the Science Based Targets initiative. ASGN also earned the ISO 14001 Certification for its headquarters, signifying compliance with international environmental management standards. Notably, the company launched a Company-wide Mentorship Program and a Culture and Inclusion Council to enhance workplace diversity and inclusion. Additionally, ASGN initiated its first Enterprise Risk Management assessment and established an Enterprise Security Council to bolster cybersecurity efforts.