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Stock impact report

ASGN Incorporated Reports Fourth Quarter and Full Year 2023 Results

ASGN Incorporated (ASGN) 
Last asgn incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Revenues, Gross Margin and Adj. EBITDA Margin at the top-end or above guidance ranges RICHMOND, Va.--(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 and year ended December 31, 2023.HighlightsFourth Quarter 2023Revenues were $1.1 billionNet income was $50.3 millionAdjusted EBITDA (a non-GAAP measure) was $121.0 million (11.3 percent of revenues)Operating cash flows were $116.4 million and Free Cash Flow (a non-GAAP measure) was $109.2 millionRepurchased approximately 0.9 million shares of the Company's common stock for $75.4 millionIT Consulting Revenues were 55.3 percent of total revenuesFull Year 2023Revenues were $4.5 billionNet income was $219.3 millionAdjusted EBITDA (a non-GAAP measure) was $517.2 million (11.6 percent of revenues)Operating cash flows were $456.9 million and Free Cash Flow (a non-GAAP measure) was $417.0 millionRepurchased appr Show less Read more
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