Exhibit 99.1 ASGN Incorporated Reports First Quarter 2024 Results Revenues and Adj. EBITDA near the top-end of guidance ranges Approves new $750 million stock repurchase program April 24, 2024 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 March 31, 2024. Highlights • Revenues were $1.05 billion • Net income was $38.1 million • Adjusted EBITDA (a non-G ...

FAIRFAX, Va.--(BUSINESS WIRE)--ECS, a leader in advanced technology, science, and engineering solutions and an ASGN (NYSE: ASGN) brand, has been named a prime contractor on a five-year, $500M indefinite delivery/indefinite quality (IDIQ) contract from the Department of Health and Human Services (HHS) Advanced Research Projects Agency for Health (ARPA-H). The Strategic Technical ARPA-H Talent Support (STATS) contract vehicle calls for systems engineering, technical advisory support, and other professional ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (the "Act") For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35636 ASGN Incorporated (Exact name of registrant as specified in its charter) Delaware 95-4023433 (State of Incorporation) (I.R.S. Employer Identification No.) 4400 Cox R ...

FAIRFAX, Va.--(BUSINESS WIRE)--ECS, a leader in advanced technology, science, and engineering solutions and an ASGN (NYSE: ASGN) brand, announced today that President John Heneghan has been recognized as a 2024 Wash100 Award winner by Executive Mosaic, an international leadership organization and media company. The annual Wash100 list honors 100 “executives of consequence,” deemed among the most influential private and public sector leaders in the government contracting industry. This marks the third consec ...

ASGN Inc (ASGN) reported $1.07 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 6.6%. EPS of $1.45 for the same period compares to $1.51 a year ago.The reported revenue represents a surprise of +2.08% over the Zacks Consensus Estimate of $1.05 billion. With the consensus EPS estimate being $1.37, the EPS surprise was +5.84%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

ASGN, Inc. (NYSE:ASGN) Q4 2023 Results Conference Call February 7, 2024 4:30 PM ET Company Participants Kimberly Esterkin - Vice President of Investor Relations Theodore Hanson - Chief Executive Officer Marie Perry - Chief Financial Officer Randolph Blazer - President Conference Call Participants Maggie Nolan - William Blair Jeffrey Silber - BMO Capital Markets Tobey Sommer - Truth Securities Joseph Vafi - Canaccord Genuity Andre Childress - Baird Surinder Thind - Jefferies Emily Marzo - Bank of America Ope ...

ASGN Inc (ASGN) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.84%. A quarter ago, it was expected that this staffing company would post earnings of $1.56 per share when it actually produced earnings of $1.68, delivering a surprise of 7.69%.Over the last four quarters, the company ...

RICHMOND, Va.--(BUSINESS WIRE)--Apex Systems, a technology services firm and ASGN brand (NYSE: ASGN), announced today that they are collaborating with Salesforce to implement Einstein, Salesforce’s AI technology. In today's fast-paced, data-driven corporate landscape, Apex continuously looks to work with innovative technology solutions that improve customer experience and lend a competitive advantage. Enter Salesforce and its Einstein generative AI technology, which is revolutionizing the way businesses, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35636 ASGN Incorporated (Exact name of registrant as specified in its charter) Delaware 95-4023433 (State of Incorporation) (I.R.S. Employer Identification N ...

Financial Data and Key Metrics Changes - Third quarter 2023 revenues were $1.12 billion, down 6.8% year-over-year, but above the midpoint of guidance [19][4] - Adjusted EBITDA was $137.5 million, with an adjusted EBITDA margin of 12.3%, above the top end of guidance [19][5] - Gross margin was 28.9%, down 110 basis points year-over-year, primarily due to a lower mix of high-margin revenues [21][19] - Free cash flow for the quarter was $137.7 million, an increase of 73.2% year-over-year [23] Business Line Data and Key Metrics Changes - Commercial segment revenues were $782.4 million, down 13.1% year-over-year, with consulting revenues increasing 2.1% to $274.2 million [19][7] - Federal Government segment revenues were $334.4 million, up 12.3% year-over-year, with a contract backlog of approximately $3.3 billion [20][14] - Assignment revenues in the Commercial segment declined by 19.5% year-over-year, reflecting softness in discretionary areas [19][20] Market Data and Key Metrics Changes - The IT spending market remains challenging, but ASGN is well-positioned to capture in-demand IT opportunities [5][6] - The Federal Government segment showed resilience with a book-to-bill ratio of 1.5x for the quarter [14] - Commercial consulting bookings were solid at $291 million, translating to a book-to-bill of 1.1x for the quarter [7][32] Company Strategy and Development Direction - The company is evolving towards IT consulting, with over half of consolidated revenues now from higher-value project capabilities [6][5] - There is a focus on AI and data engineering projects, with generative AI creating new opportunities in the pipeline [10][11] - The company completed a refinancing transaction to enhance financial flexibility and prepare for strategic acquisitions [27][23] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about near-term market demand due to uncertain macroeconomic conditions [26][66] - The company expects revenues to remain soft in the Commercial segment in Q4, partially offset by growth in the Federal Government segment [25][66] - There is optimism regarding future IT spending growth as clients become more confident in their financial outlook [44][75] Other Important Information - The company has a remaining share repurchase authorization of approximately $349.1 million [23] - Management highlighted the importance of maintaining a diverse client base across industries to mitigate risks [20][21] Q&A Session All Questions and Answers Question: Insights on commercial consulting and elongation of decision-making - Management noted solid bookings with a book-to-bill of 1.1x, but clients are elongating project timelines due to cautious spending [32][33] Question: Market share and competitive positioning - Management feels they are holding or slightly expanding market share, particularly in data-related projects [34][35] Question: M&A market conditions - High-quality assets are not entering the market due to valuation concerns, leading to a focus on lower-quality assets [38] Question: Government business performance during shutdowns - Less than 10% of Federal Government work could be impacted by a shutdown, with mission-critical projects continuing [15][70] Question: Client budgeting processes for 2024 - There is cautious optimism regarding client budgets, with a focus on earnings impacting IT spending [42][45] Question: Margin expansion opportunities - Management sees potential for margin expansion as the consulting segment grows, which typically has better margins [46][47] Question: Internal headcount and margin preservation - The company is managing headcount carefully to preserve margins while monitoring productivity improvements [49][51] Question: Transition of AI work from exploratory to larger engagements - Management is optimistic about becoming a prime contractor for larger AI projects as data work progresses [52][54] Question: Stability in TMT accounts - There are signs of stability in TMT accounts, with some indicators suggesting a potential turnaround [58][60] Question: Comparison of current commercial trends to past cycles - Current cycles are characterized by prolonged caution among large enterprises, differing from previous cycles [62][64] Question: Federal Government business mechanics during a shutdown - Projects deemed non-mission-critical may be delayed, but critical work will continue [70][71]