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Stock impact report

ASGN Incorporated Reports Fourth Quarter and Full Year 2019 Results

ASGN Incorporated (ASGN) 
Last asgn incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Business Wire
CALABASAS, Calif.--(BUSINESS WIRE)--ASGN Incorporated (NYSE: ASGN), one of the foremost providers of IT and professional services in the technology, digital, creative, engineering, life sciences and government sectors, today reported financial results for the fourth quarter and full year ended December 31, 2019.HighlightsRevenues were $1.0 billion, up 10.3 percent over the fourth quarter of 2018.Net income was $39.3 million ($0.74 per diluted share), down from $45.9 million ($0.86 per diluted share) in the fourth quarter of 2018. Net income included a write-off of deferred loan costs of $18.9 million ($13.9 million after income taxes) related to the restructuring of the Company's Senior Credit Facility in November. Excluding this charge, net income was $53.2 million ($0.99 per diluted share).Adjusted Net Income (a non-GAAP Measure) was $68.3 million ($1.28 per diluted share), up from $60.8 million ($1.14 per diluted share) in the fourth quarter of 2018.Adjusted EBITDA (a non-GAAP Show less Read more
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