ASGN - Asgn Inc Profile, Share Price, Market Analysis, Charts, Fundamentals

Asgn Inc
ASGN Incorporated is a company that offers information technology (IT) services and professional solutions to both commercial and government sectors. The company operates through two segments, Commercial and Federal Government, which helps balance and strengthen the company through economic cycles.

The Commercial Segment is the largest segment, accounting for 75% of the company's 2022 consolidated revenues. It offers a broad range of IT services and solutions and creative digital marketing services primarily to Fortune 1000 and large enterprise clients. The segment's growth is driven by digital transformation, innovation requirements, workforce mobilization, and modern enterprise needs across five industry verticals and their respective subsectors. The company's talent pool includes onshore, nearshore, and offshore resources that can be deployed in short duration solution-specific engagements or long-term consultative roles. The segment is supported by corporate activities primarily based in Richmond, Virginia, and a network of 97 branch offices across the United States, six branch offices across Canada and Europe, and delivery centers in Mexico and India.

Assignment is a service provided by the Commercial Segment that offers experienced IT and creative digital marketing contract professionals for temporary assignments and project engagements. Their contract professionals have knowledge and experience in specialized technical and creative digital marketing services that make them qualified to fill a given assignment or project. Consulting services are also provided by the Commercial Segment, which offers workforce mobilization, modern enterprise, and digital innovation IT consulting services. The segment's contract professionals and subject matter experts deliver customer-focused and value-driven solutions that support clients' modern enterprise and digital needs.

The Federal Government Segment delivers advanced solutions in cloud and enterprise IT, cybersecurity, artificial intelligence, machine learning, application, and digital transformation to some of the world's leading agencies in both the public and private sectors. The segment's team of skilled experts tackles critical and highly-complex challenges for customers in the U.S. defense, intelligence, and federal civilian agencies. The segment provides services under time-and-materials, cost reimbursable, and firm-fixed-price contracts, ranging from approximately three to five years in length. The segment has a contract backlog of $3.3 billion as of December 31, 2022, representing the estimated amount of future revenues to be recognized under awarded contracts, including task orders and options. Corporate support activities are based in Fairfax, Virginia, and the segment has 28 branch offices located across the United States.

ASGN is a leading provider of IT services and professional solutions, including technology and creative digital marketing, across the commercial and government sectors. The company helps leading corporate enterprises and government organizations develop, implement, and operate critical IT and business solutions through its integrated offering of professional staffing and IT consulting services and solutions. The total addressable market of the company is approximately $572 billion, including $384 billion in commercial IT consulting, $124 billion in government IT services and solutions, and $64 billion in professional staffing. The company anticipates that its clients will increase their use of contract labor, professional staffing, and consulting services in 2023. The company will focus on higher-end, higher-margin IT consulting services and solutions capabilities, particularly those related to digital transformation and other areas of technology change and specialization including data analytics, artificial intelligence/machine learning, big data, process automation, and information security. The company intends to continue to grow its diverse client base by focusing on large, stable accounts that are quick adopters of new technologies. The company will invest in its organic growth while simultaneously looking to execute acquisitions in the commercial and federal government end markets, focusing on consulting companies that provide new solution capabilities, industry expertise, or government contract awards.

The Professional Services company disclosed 4.608%, rise in their revenue, during the most recent fiscal period

The stock market is full of exciting opportunities, and one company that has caught the attention of investors is Data Call Technologies Inc. With their recent financial results for the July to September 2023 span, the company has shown remarkable progress and potential for growth.
A significant achievement for Data Call Technologies Inc is reaching a break-even point of $0.00 per share during this period. This is a significant improvement compared to the previous year and the preceding financial reporting period, demonstrating the company's ability to manage its expenses effectively.

Exela Technologies Inc Suffers Significant Losses During Latest Fiscal Period, Financial Results Reveal

Exela Technologies Inc, a leading provider of digital transformation and automation solutions, has recently released its financial results for the most recent fiscal period. The company reported a loss per share of $-5.19, a significant increase compared to $-3.22 per share from the same period last year. Additionally, there was a surge in loss from the previous quarter, which stood at $-0.05 per share.
Despite the increase in losses, Exela Technologies Inc experienced a soft growth in revenue. The company's revenue for the fiscal period reached $272.94 million, indicating a modest increase of 2.312% when compared to $266.77 million in the similar quarter a year ago. However, there was a slight decrease of -0.249% in revenue when compared to the preceding quarter's figure of $273.62 million.

Digital Brand Media And Marketing Group Inc Achieves Impressive Revenue Growth of 45.053% in Q3 Fiscal Period

Digital Brand Media And Marketing Group Inc (DBMM) has shown strong performance in the June to August 31, 2023 fiscal period, with balanced books compared to the prior year. This is an improvement from the previous quarter, where revenue was $0.09 million, up 45.053% from $0.06 million in the same quarter a year ago. However, there has been a -10.364% sequential deterioration in revenue from $0.10 million.
What sets DBMM apart from its sector contemporaries is its impressive top-line growth. While the Professional Services sector has seen a 6.70% revenue increase during the same period, DBMM has outpaced this with its 45.053% growth. This is a positive sign for investors, indicating the company's ability to generate revenue in a competitive market.

Asiafin Holdings Corp's Q3 2023 Financial Report Reveals $0.695145 Million in Revenue Amidst Growing Concerns over Profitability

As a financial analyst at , I am always on the lookout for interesting developments in the corporate world. Recently, the financial results of Asiafin Holdings Corp (ASFH) for the fiscal period closing on September 30, 2023 caught my attention. While the company reported revenue of $0.695145 million, there were a few notable trends and figures that deserve closer examination.
Firstly, it is important to highlight that ASFH experienced a net deficit of $-0.075 million for the same period, which is significantly greater than the $-0.011 million reported the previous year. This decline in profitability raises concerns about the company's ability to generate sustainable revenues and control expenses effectively.

NOGN's Diminishing Returns Skyrocket in Financial Q3 of 2023

In the ever-evolving world of the stock market, companies constantly face various challenges and setbacks. However, despite the financial third-quarter results of Nogin Inc, there are promising signs that indicate future growth and success. With improvements in revenue, reduced deficits, and positive inventory trends, Nogin Inc is primed for a rebound and a solid performance in the coming months.
Deficit Reduction and Revenue Improvement:
Comparing the financial third quarter of 2023 with the previous year, Nogin Inc witnessed a rise in its deficit per share. However, it is essential to note that this increase was lower than expected, indicating progress. Furthermore, the deficit also improved from the previous reporting period, demonstrating the company's determination to enhance its financial standing.

ASGN Company Profile

The Professional Services company disclosed 4.608%, rise in their revenue, during the most recent fiscal period

Exela Technologies Inc Suffers Significant Losses During Latest Fiscal Period, Financial Results Reveal

Digital Brand Media And Marketing Group Inc Achieves Impressive Revenue Growth of 45.053% in Q3 Fiscal Period

Asiafin Holdings Corp's Q3 2023 Financial Report Reveals $0.695145 Million in Revenue Amidst Growing Concerns over Profitability

NOGN's Diminishing Returns Skyrocket in Financial Q3 of 2023