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Stock impact report

ASGN Incorporated Reports First Quarter 2024 Results [Yahoo! Finance]

ASGN Incorporated (ASGN) 
Last asgn incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
RICHMOND, Va., April 24, 2024 BUSINESS WIRE )--ASGN Incorporated (NYSE: ASGN), a leading provider of IT services and solutions to the commercial and government sectors, reported financial results for the quarter ended March 31, 2024. Highlights Revenues were $1.05 billion Net income was $38.1 million Adjusted EBITDA (a non-GAAP measure) was $108.3 million (10.3 percent of revenues) Operating cash flows were $73.3 million and Free Cash Flow (a non-GAAP measure) was $62.5 million Refinanced term loan B for a 50-basis point reduction in the interest rate to SOFR plus 175 basis points Repurchased approximately 0.8 million shares of the Company's common stock for $79.7 million Subsequent to quarter end, ASGN's Board of Directors approved a new, two-year $750 million stock repurchase program; the largest in the Company's history IT Consulting Revenues - Approximately 56.7 percent of total revenues Commercial Segment - New bookings for the trailing-twelve-month period (" Show less Read more
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