ASGN rporated(US:ASGN)2025-04-23 20:35Financial Performance - Consolidated - Revenues for Q1 2025 were $9683 million, a decrease of 77% compared to $10490 million in Q1 2024[6] - Net Income decreased from $381 million in Q1 2024 to $209 million in Q1 2025[6] - Adjusted EBITDA decreased from $1083 million in Q1 2024 to $936 million in Q1 2025[6] - Diluted Earnings per Share decreased from $081 in Q1 2024 to $048 in Q1 2025[6] Financial Performance - Commercial Segment - Commercial segment revenues decreased from $7315 million in Q1 2024 to $6722 million in Q1 2025[13] - Assignment revenues decreased from $4545 million in Q1 2024 to $3821 million in Q1 2025[13] - Consulting revenues increased from $2770 million in Q1 2024 to $2901 million in Q1 2025[13] - Adjusted EBITDA decreased from $838 million in Q1 2024 to $717 million in Q1 2025[16] Financial Performance - Federal Government Segment - Federal Government segment revenues decreased by 67% from $3175 million in Q1 2024 to $2961 million in Q1 2025[19] - Adjusted EBITDA decreased from $321 million in Q1 2024 to $284 million in Q1 2025[21] Balance Sheet & Cash Flow - Cash & Cash Equivalents decreased from $2052 million on 12/31/24 to $1070 million on 3/31/25[8] - Free Cash Flow decreased significantly from $625 million in Q1 2024 to $66 million in Q1 2025, a decrease of 894%[8]