ASGN Reports Decreased Q3 Earnings Due to Weaker Revenue
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 22 2025
0mins
Should l Buy ASGN?
Source: NASDAQ.COM
Third-Quarter Financial Results: ASGN Incorporated reported third-quarter revenue of $1.01 billion for the period ending June 30, 2025, a slight decrease from $1.03 billion the previous year.
Decline in Net Income and Earnings: The company's net income fell to $38.1 million from $47.5 million, with earnings per share dropping to $0.87 compared to $1.06 in the prior-year quarter.
Operating Income and Gross Profit: Operating income decreased to $67.9 million from $78.9 million, while gross profit was $296.9 million, down from $300.4 million, attributed to softer demand.
Stock Performance: ASGN's stock closed at $48.33, reflecting a slight increase of $0.31 or 0.65 percent on the New York Stock Exchange.
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Analyst Views on ASGN
Wall Street analysts forecast ASGN stock price to rise
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 41.850
Low
54.00
Averages
60.25
High
65.00
Current: 41.850
Low
54.00
Averages
60.25
High
65.00
About ASGN
ASGN Incorporated is a provider of information technology (IT) services and solutions to the commercial and government sectors. The Company operates through two segments: Commercial and Federal Government. The Commercial segment provides a spectrum of IT services and solutions to Fortune 1000 and large mid-market clients. Growth in this segment is being driven by digital transformation and innovation requirements, including that of AI, workforce mobilization, and modern enterprise needs across five industry verticals: Financial Services, Consumer and Industrial, Technology, Media, and Telecom, Healthcare, and Business and Government Services. The Federal Government segment delivers advanced solutions in cloud and enterprise IT, cybersecurity, AI/ML, application, and digital transformation to agencies in both the public and private sectors. The segment provides services under time-and-materials, cost-reimbursable, and firm-fixed-price contracts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Revenue Growth Outlook: Quinnox is projected to generate approximately $100 million in revenue in 2025, with expected low-to-mid-teens revenue growth in 2026, which will significantly boost ASGN's overall revenue.
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