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Stock impact report

ASGN Incorporated Reports Third Quarter 2024 Results

ASGN Incorporated (ASGN) 
Last asgn incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Adjusted EBITDA and gross margins at midpoint or top end of guidance estimates 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 ended September 30, 2024.HighlightsRevenues were $1.031 billionNet income was $47.5 millionAdjusted EBITDA (a non-GAAP measure) was $116.9 million (11.3 percent of revenues)Operating cash flows were $135.8 million and Free Cash Flow (a non-GAAP measure) was $127.9 millionRepurchased approximately 1.0 million shares of the Company's common stock for $95.6 millionIT Consulting Revenues - Approximately 57.9 percent of total revenuesCommercial Segment - New bookings for the trailing-twelve-month period ("TTM") were $1.2 billion; book-to-bill ratio was 1.1 to 1Federal Government Segment - New contract awards for the TTM were $1.1 billion; book-to-bill ratio was 0.9 to 1Management Commentary"Our results for the third Show less Read more
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