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Stock impact report

ASGN Incorporated Reports Second Quarter 2019 Results

ASGN Incorporated (ASGN) 
Last asgn incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Excluding One-time Charges, Financial Results were within Guidance 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 quarter ended June 30, 2019.Second Quarter HighlightsRevenues were $972.3 million, up 10.7 percent over the second quarter of 2018 and at the mid-point of our financial guidance.Financial results included two one-time charges totaling $8.6 million ($6.7 million, or $0.12 per diluted share, after income taxes), which were not included in our guidance. These one-time charges were: (i) an accrual of $5.3 million in estimated CEO transition expenses, which included $3.5 million in stock-based compensation and (ii) a write-off of $3.3 million for certain foreign trademarks.Excluding these one-time charges, net income, Adjusted Net Income (a non-GAAP measure) and Adj Show less Read more
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