ASGN Incorporated Reports Q1 2025 Financial Results

Asgn Incorporated ( (ASGN) ) has released its Q1 earnings. Here is a breakdown of the information Asgn Incorporated presented to its investors.

ASGN Incorporated is a prominent provider of IT services and solutions, catering to both commercial and government sectors. The company is known for its integrated offerings that help organizations develop, implement, and operate critical IT and business solutions.

In its first quarter of 2025, ASGN Incorporated reported revenues of $1.0 billion and a net income of $20.9 million. The company also finalized the acquisition of TopBloc, a tech-enabled Workday consultancy, and appointed Shiv Iyer as the new President.

Key financial metrics include an adjusted EBITDA of $93.6 million, representing 9.7% of revenues. The company repurchased 0.6 million shares for $50.4 million. IT consulting revenues accounted for 61% of total revenues, with the Commercial Segment generating $672.2 million and the Federal Government Segment contributing $296.1 million.

Despite facing macroeconomic uncertainties, ASGN’s business model has shown resilience. The company aims to strengthen its position by expanding technology partnerships and enhancing solutions capabilities through strategic acquisitions.

Looking ahead, ASGN remains cautiously optimistic, focusing on nurturing client relationships and adapting to market conditions. The company anticipates revenues between $985 million and $1.015 billion for the second quarter of 2025, reflecting its strategic initiatives and market positioning.