Welcome to our dedicated page for Asgn news (Ticker: ASGN), a resource for investors and traders seeking the latest updates and insights on Asgn stock.
ASGN Incorporated (ASGN) delivers professional staffing solutions and enterprise-level IT services to commercial organizations and federal agencies. This news hub provides investors with centralized access to corporate developments shaping the $4B+ market cap company.
Track official press releases covering earnings results, strategic acquisitions, and government contract awards. Stay informed about operational updates from key segments including Apex (technology staffing), Oxford (specialized recruiting), and ECS (advanced IT solutions).
Discover how ASGN's integration of Workday consultancy TopBloc enhances cloud-based HR solutions. Monitor regulatory filings and leadership announcements impacting the company's position in STEM staffing and federal IT modernization markets.
Bookmark this page for unfiltered access to ASGN's financial communications and market-moving developments. Combine these primary sources with third-party analysis to inform your investment research strategy.
ASGN reported Q1 2025 financial results with revenues of $968.3 million, down from $1.05 billion in Q1 2024. Net income was $20.9 million ($0.48 per diluted share), compared to $38.1 million ($0.81 per diluted share) in Q1 2024. Adjusted EBITDA reached $93.6 million, representing 9.7% of revenues.
Key highlights include the completion of TopBloc acquisition for $340 million, appointment of Shiv Iyer as President, and repurchase of 0.6 million shares for $50.4 million. IT consulting revenues grew to 61% of total revenues, with Commercial Segment at $672.2 million (69%) and Federal Government Segment at $296.1 million (31%).
For Q2 2025, ASGN projects revenues between $985-1,015 million, with expected net income of $29.3-34.3 million and Adjusted EBITDA of $101-108 million.
ASGN (NYSE: ASGN) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Wednesday, April 23, 2025, at 4:30 p.m. ET. The company will publish its financial results and prepared remarks on its website before the call.
Investors can access the conference call via phone using the dial-in number 877-407-0792 (international: +1-201-689-8263) with Conference ID 13752003. A replay will be available from 7:30 p.m. ET on April 23 until May 7, 2025, accessible at 844-512-2921 (international: +1-412-317-6671) with replay code 13752003. The webcast will be available at www.asgn.com.
ECS, an ASGN brand, through its joint venture 1CyberForce with Yakshna Solutions, has secured a position on a $20 billion cybersecurity blanket purchase agreement (BPA) with the U.S. Department of the Treasury. The contract, known as PROTECTS (Providing Treasury Enterprise Cybersecurity Technology & Services), includes a one-year base period with seven one-year options.
The partnership will deliver cybersecurity solutions to protect Treasury assets and data while enabling innovation and cost savings. ECS brings its expertise in security operations, managed security services, and incident management. The company operates an enterprise-class security operations center (SOC) and holds over 14,700 technology certifications. Notably, ECS ranked second on MSSP Alert's 2024 list of top managed security service providers.
TopBloc, an ASGN (NYSE: ASGN) brand and Workday Services Partner, has been awarded the 2025 Workday Business Impact Partner of the Year. The company achieved recognition for delivering a record number of Workday implementations, particularly excelling in the Medium Enterprise segment.
Under CEO Christopher Skinner's leadership, TopBloc has demonstrated outstanding service excellence through their proprietary data transformation tool SmartLoader, now in its eighth year. The tool accelerates deployment projects through automation, enabling faster and higher-quality implementations.
Following its integration with ASGN, TopBloc is expanding its AI-driven solutions to enhance efficiency through automation, surface critical insights in data, and optimize business processes, helping clients maximize their Workday systems' value.
ASGN Incorporated (NYSE: ASGN) has completed its previously announced acquisition of TopBloc, for $340 million in cash and equity. The acquisition integrates TopBloc's team into ASGN's Consulting Services, strengthening ASGN's position in ERP and Workday marketplace solutions.
Additionally, Shiv Iyer has officially assumed the role of President, succeeding Rand Blazer who transitions to Executive Vice Chairman. Iyer, formerly leading Accenture's Consulting and Industry X solutions across the Americas, brings extensive consulting experience to ASGN.
As part of the closing, ASGN is granting restricted stock unit (RSU) awards to 41 key TopBloc employees, covering approximately 150,000 shares. The company also awarded Iyer 44,162 RSUs and will provide an additional $2.875 million in performance-based RSUs.
ECS, an ASGN brand and IT systems integrator, has been named Elastic's Top Services Partner of 2024. The award recognizes ECS's excellence in deploying Elastic solutions for search, security, and observability applications. ECS maintains the largest team of Elastic-certified engineers among partners and manages one of the world's largest Elastic environments.
Notable implementations include the Continuous Diagnostics and Mitigation (CDM) Dashboard Ecosystem for CISA since 2019, enabling real-time data sharing across 90+ federal agencies, and the Army Endpoint Security Solution (AESS), protecting 800,000 endpoints across the U.S. Army's global infrastructure. ECS leverages Elastic's platform for their security operations center, providing advanced threat hunting, detection, and response capabilities.
Creative Circle, an ASGN brand (NYSE: ASGN), has earned ClearlyRated's Best of Staffing® Client and Talent Diamond Award for the fifth consecutive year, recognizing exceptional service quality in the staffing industry. The company achieved remarkable satisfaction scores, with 70.2% of clients and 78.3% of professionals rating their service 9 or 10 out of 10, significantly surpassing industry averages of 45% and 30% respectively.
The company received praise for its seamless support, innovative digital solutions, and deep understanding of marketing and creative digital needs. Creative Circle President Matt Riley emphasized their commitment to delivering outstanding experiences for both clients and talent through tailored solutions. The award, which is unique in North America, is based solely on validated ratings and testimonials from clients, talent, and employees, positioning Creative Circle as a leader in creative services, marketing, and MarTech industries.
Apex Systems, an ASGN brand (NYSE: ASGN), has won ClearlyRated's Best of IT Services® Award for superior client service. The company achieved a remarkable Net Promoter® Score of 78.6%, significantly surpassing the industry average of 47% in 2024. This marks Apex's first time winning this prestigious award.
The award, which evaluates companies' Solution Services offerings through customer rankings, recognizes excellence in service delivery, innovative solutions, value, and ease of doing business. Winners are selected based entirely on client ratings and achieve Net Promoter® Scores that exceed the industry average by more than 70%.
According to ClearlyRated's CEO Baker Nanduru, Apex has distinguished itself through its commitment to service excellence and extraordinary client experiences. Chief Solutions Officer James Boucher emphasized that the award validates their approach to client relationships and their ability to deliver high-end IT solutions and consulting services, combining boutique-level service with large consulting firm capabilities.
ECS, an ASGN (NYSE: ASGN) brand, has been selected as a prime contractor for multiple domains under the GSA's OASIS+ IDIQ contract vehicle, valued at approximately $60 billion over a maximum 10-year period. The contract, administered by GSA's Office of Professional Services and Human Capital Category, aims to support federal agencies' procurement needs for services-based solutions.
ECS secured awards in several key domains including Management and Advisory, Technical and Engineering, Research and Development, Intelligence Services, and Enterprise Solutions. The company will provide management and consulting services, technical expertise in engineering, geosciences, experimental development, and support for mission-critical operations through advanced command, control, communications, and intelligence capabilities.
ASGN Incorporated reported its Q4 and full-year 2024 financial results. Q4 revenues reached $985.0 million, with net income of $42.4 million and Adjusted EBITDA of $109.7 million (11.1% of revenues). Full-year 2024 revenues were $4.1 billion with net income of $175.2 million.
The Commercial Segment generated 70.3% of total revenues at $692.7 million, while the Federal Government Segment contributed 29.7% at $292.3 million. IT consulting revenues represented 58.6% of total revenues at $577.0 million. The company repurchased 0.5 million shares for $43.9 million in Q4.
For Q1 2025, ASGN projects revenues between $950.0-$970.0 million with an expected Adjusted EBITDA margin of 9.6-9.8%. The company also announced the acquisition of TopBloc for $340 million and a leadership transition with Shiv Iyer becoming President effective March 1, 2025.
