ASGN Q1 Adjusted Earnings, Revenue Decline; Q2 Outlook Issued

MT Newswires Live
04-24

ASGN (ASGN) reported Q1 adjusted net income late Wednesday of $0.92 per diluted share, down from $1.16 a year earlier.

Analysts polled by FactSet expected $0.95.

Revenue for the quarter ended March 31 was $968.3 million, down from $1.05 billion a year earlier.

Analysts surveyed by FactSet expected $961.9 million.

For Q2, the IT firm expects adjusted net income of $1.03 to $1.14 on revenue of $985 million to $1.02 billion. Analysts polled by FactSet expect non-GAAP EPS of $1.19 on revenue of $1.01 billion.

Shares of the company were down more than 1% in Wednesday's after-hours activity.

Price: 57.50, Change: -1.05, Percent Change: -1.79

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