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 Incorporated has announced several leadership changes, including the promotion of Rand Blazer to President of ASGN, effective immediately. Additionally, the Board approved a new share repurchase program allowing up to
ECS has been appointed as an authorized reseller of the U.S. Air Force Platform One products. The company will implement tools like Big Bang and Iron Bank across federal, commercial, and academic sectors. ECS aims to enhance software factory implementations using its DevSecOps expertise. ECS's commitment to this initiative will leverage their skilled workforce to support the Air Force mission and improve Platform One's offerings. With over 3,500 employees, ECS is focused on delivering advanced solutions in areas such as cloud, cybersecurity, and AI.
ECS has announced the promotion of John Heneghan to president following George Wilson's retirement. Heneghan, formerly COO, oversaw acquisitions and is expected to expand ECS’ federal and commercial customer base. Greg Adams has been promoted to senior vice president for the Justice and Homeland Security sector. Other promotions include Dr. Shayla Treadwell to vice president of governance and Doug Bowlds to vice president of proposal development. ECS aims to enhance service offerings and maintain strong financial performance in 2022.
ASGN Incorporated (NYSE: ASGN) reported strong Q3 2021 results, with revenues of $1.1 billion, an increase of 18.7% year-over-year. Income from continuing operations reached $66.3 million (+42.0%). Adjusted EBITDA rose to $136.6 million (12.7% of revenues). The company closed the sale of its Oxford business for $525 million, yielding a net gain of $145.7 million. ASGN's cash and equivalents stood at $679.4 million. The company updated its Q4 guidance, raising revenue estimates by $20 million and Adjusted EBITDA estimates by $5 million.
Infor and Apex Systems have partnered to implement an ERP platform at Amsterdam UMC, enhancing operational processes for one of Europe’s largest hospitals. This deployment will utilize Infor CloudSuite Healthcare, focusing on financial administration, procurement, and logistics. The two-year project aims to strengthen existing healthcare interoperability, as Amsterdam UMC is already a client of Infor. Infor’s solution is designed to optimize workflows and support innovation in healthcare delivery, with a strong emphasis on improving efficiency in medical centers.
ECS has been recognized for the second consecutive year as a top provider in the Top 250 Managed Security Service Providers (MSSPs) list, ranking ninth in 2021, up from fourteenth in 2020. The company specializes in managed security services, including managed detection and response (MDR) and security operations center-as-a-service (SOCaaS). ECS aims to reduce cybersecurity costs and complexity for organizations across various sectors. With over 3,500 employees, ECS continues to solve complex challenges in cybersecurity and IT modernization for both government and commercial clients.
ASGN Incorporated (NYSE: ASGN) will release its Q3 2021 financial results on October 27, 2021 at 4:15 p.m. ET. This will be followed by a conference call at 4:30 p.m. ET, hosted by CEO Ted Hanson. Investors can access the call by calling 877-407-0792 or +1-201-689-8263 for international participants, using Conference ID 13723652. A replay will be available from 7:30 p.m. ET on the same day until November 10, 2021. For more information, visit www.asgn.com.
ECS has secured an Other Transaction Agreement (OTA) from the Naval Information Warfare Center (NIWC) to implement the Legacy Data Consolidation Solution (LDCS). This agreement aims to enhance patient care and reduce costs for the Defense Health Agency (DHA) by migrating data from outdated electronic healthcare record systems. The consolidation will facilitate a unified patient record system, allowing for the decommissioning of legacy systems and achieving significant annual savings.
ECS, a leader in technology solutions, has secured three task orders from NOAA Fisheries. These orders will support program management, economic research, and media communication. ECS plans to develop decision support tools, including bio-economic models, and enhance communications through multimedia content. The company has over 20 years of partnership with NOAA Fisheries, focusing on improving data collection and analysis for recreational fisheries. This collaboration aims to bolster NOAA's mission to protect national fisheries, a critical resource for food and jobs in the U.S.
ECS has secured a five-year, $36.7 million contract from the United States Central Command (CENTCOM) to support military operations crucial to regional security. The contract involves providing personnel and services in areas including command and control, information sharing, and missile defense. ECS aims to strengthen CENTCOM's security posture and that of coalition partners. This award continues ECS's longstanding partnership with the Department of Defense, highlighting the company’s capabilities in advanced technology and engineering solutions.
