EFOR

In late July 2026, Everforth, Inc. reported second-quarter results showing year-on-year declines in sales and net income, while also completing a US$77.5 million buyback of 1,796,224 shares and issuing third-quarter guidance calling for US$994.0 million to US$1,024.0 million in revenue and US$14.5 million to US$23.0 million in net income. The combination of weaker quarterly earnings and a continued commitment to share repurchases gives investors fresh information on how Everforth is balancing profitability pressures with capital returns. Next, we’ll examine how softer earnings alongside continued share repurchases influence Everforth’s existing investment narrative and future risk-reward profile. Outshine the giants: these 16 early-stage AI stocks could fund your retirement. To own Everforth, you need to be comfortable with a business facing earnings pressure while still committing cash to buybacks. The latest quarter’s weaker profitability, combined with management’s Q3 outlook, keeps the near term focus on whether margins can stabilize. The biggest near term risk remains softer IT services demand and its impact on utilization and pricing; this update does not fundamentally change that risk, but it does sharpen attention on execution over the next few quarters. The most relevant recent announcement here is Everforth’s completion of a US$77.5 million repurchase of 1,796,224 shares under its February 2026 program. Set against year-on-year declines in Q2 net income and compressed margins, that buyback activity interacts directly with the key catalyst many shareholders are watching: whether disciplined capital returns, including ongoing repurchases, can offset profit volatility and support per share metrics while the core business contends with weaker demand. Yet beneath the buybacks, a less visible risk that investors should be aware of is how automation and global talent platforms could further pressure Everforth’s core IT staffing economics... Read the full narrative on Everforth (it's free!) Everforth's narrative projects $4.2 billion revenue and $141.8 million earnings by 2029. This requires 1.6% yearly revenue growth and about a $43.7 million earnings increase from $98.1 million. Uncover how Everforth's forecasts yield a $27.33 fair value, in line with its current price. Before this Q2 update, the most bearish analysts were assuming only about 1.1% annual revenue growth and roughly US$126.1 million of earnings by 2029, so this softer quarter and cautious guidance may reinforce their concern about automation-driven demand risks while prompting you to compare that more pessimistic path with the more constructive consensus view. Explore 2 other fair value estimates on Everforth - why the stock might be worth over 3x more than the current price! Don't just follow the ticker - dig into the data and build a conviction that's truly your own. A great starting point for your Everforth research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision. Our free Everforth research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Everforth's overall financial health at a glance. Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters: Uncover the next big thing with 21 elite penny stocks that balance risk and reward. Find 57 companies with promising cash flow potential yet trading below their fair value. AI is about to change healthcare. These 41 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include EFOR. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Interested in ASGN Incorporated? Here are five stocks we like better. Second-quarter results exceeded guidance: Revenue topped $1 billion and adjusted EBITDA margin reached 9.6%, supported by stronger commercial bookings, stabilizing staffing demand and better-than-expected federal revenue. Commercial recovery and federal demand improved: Commercial bookings rose double digits year over year, with strong Workday and other enterprise-platform activity. Federal growth benefited from DHS cybersecurity and Navy data-and-AI work, while backlog reached approximately $2.7 billion. Third-quarter outlook remains positive: Everforth forecast revenue of $994 million to $1.024 billion and adjusted EBITDA of $95 million to $105 million. Management expects commercial operations to return to year-over-year growth in the third quarter, while prioritizing debt repayment and targeting net leverage of 2.5x or below. ASGN (NYSE:EFOR), reporting its first quarterly results under the Everforth name, said second-quarter revenue exceeded $1 billion and adjusted EBITDA margin reached 9.6%, with both measures surpassing the high end of its guidance range. Chief Executive Officer Ted Hanson said the performance reflected stronger commercial bookings, stabilization in staffing demand and better-than-expected federal revenue. Commercial consulting bookings rose by double digits from a year earlier, while the company’s enterprise platform business continued to ramp. Workday bookings exceeded management’s expectations, helping lift commercial trailing-12-month book-to-bill to 1.2x. → This Tiny AI Supplier Could Be More Important Than the Chipmakers “We saw a meaningful acceleration in the business during the quarter,” Hanson said during the company’s earnings call. He said commercial order flow improved from the first quarter, while federal operations also outperformed expectations, aided by higher revenue from a Department of Homeland Security cybersecurity account. Everforth reported commercial-segment revenue of $701.7 million, down 0.9% year over year, and federal-government revenue of $305.3 million, down 2.3%. Total gross margin was 28.3%, including commercial gross margin of 32.1% and federal gross margin of 19.6%. Net income was $14.2 million. Adjusted EBITDA was $96.7 million. Adjusted EBITDA margin was 9.6%. Free cash flow was $46.3 million, equal to 48% of adjusted EBITDA. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Chief Financial Officer Marie Perry said the company repurchased 0.4 million shares during the quarter for $11.5 million, at an average price of $30.07 per share. About $923 million remained under its $1 billion share repurchase authorization at quarter-end. Everforth ended the quarter with $152.9 million in cash and cash equivalents and a net leverage ratio of 3.1x. Following quarter-end, the company refinanced and increased its revolving credit facility, replacing its prior revolver and $100 million Term Loan A with a new five-year, $600 million facility. Perry said the transaction was leverage-neutral at 3.1x after closing. → Innovative ETF Strategies That Are Paying Off This Summer The company plans to prioritize debt repayment following its Quinnox acquisition, then opportunistically repurchase shares. Everforth continues to target a net leverage ratio of 2.5x or below. Management said all five commercial industry verticals posted sequential growth from the first quarter. Technology, media and telecommunications benefited from cloud and infrastructure work, while financial-services demand was led by application engineering, cloud and infrastructure, and data and AI services. Life sciences increased by the mid-teens sequentially, with work concentrated in application engineering. President Shiv Iyer said enterprise platform trends improved during the quarter, with pipeline development and conversion of bookings to revenue moving closer to historical norms. In addition to Workday, he cited momentum with Salesforce and ServiceNow, as well as with Databricks, Snowflake, AWS and Microsoft. Management said commercial bookings momentum had remained consistent into July. Hanson said the company expects commercial operations to return to year-over-year growth during the third quarter and expects that growth to be evident in the fourth quarter. The integration of Quinnox, which provides enterprise platform, engineering and global delivery capabilities, is progressing as expected, according to management. Hanson said Quinnox contributed higher margins than the broader commercial business, with enterprise platform and digital engineering work carrying gross margins of roughly 40% or higher and EBITDA margins in the high teens to 20% range. Everforth’s federal segment received $169.3 million in new contract awards during the quarter. Its trailing-12-month book-to-bill was 0.8x, and federal backlog totaled about $2.7 billion at quarter-end, representing 2.3x trailing-12-month segment revenue. Federal revenue increased sequentially, supported by DHS cybersecurity work and data-and-AI programs with the Navy. Iyer said the company is supporting the Navy’s Harbinger program through work to train and optimize AI-enabled sonar models for undersea detection and warning applications. The company also secured a research and engineering contract for the Army’s Nautilus program. As prime contractor, Everforth said it will support the Department of Defense’s development, testing and operational integration of AI capabilities through AI development, software engineering, cybersecurity and field testing. Hanson said the company has reorganized its federal operation, added leadership and increased its account-level focus. Submitted bids awaiting award have increased materially, he said, and management expects improved federal book-to-bill over the next several quarters. Federal revenue acceleration is expected to become more pronounced in the fourth quarter and into 2027. For the third quarter, Everforth forecast revenue of $994 million to $1.024 billion, net income of $14.5 million to $23 million, adjusted EBITDA of $95 million to $105 million, and adjusted EBITDA margin of 9.6% to 10.3%. The outlook includes $7.5 million to $9.5 million in strategic-planning expenses tied to its NextWave growth strategy. Perry said those costs have been declining, from $12.8 million in the first quarter to $9.8 million in the second quarter, and are expected to continue falling as the company executes targeted cost-saving initiatives. Everforth maintained its full-year target for free-cash-flow conversion of 60% to 65% of adjusted EBITDA. Hanson said commercial momentum would be the primary factor driving results toward the high end of third-quarter guidance. ASGN is a provider of professional services that connects skilled talent with organizations seeking technology, digital, creative and engineering expertise. The firm focuses on staffing and workforce solutions, delivering contract and permanent placement services as well as project-based consulting and managed services to support clients’ technical and operational needs. Its offerings commonly include IT consulting, digital transformation support, application development and maintenance, data and analytics, cybersecurity, cloud services and engineering resources. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "ASGN Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

IT services provider Everforth (EFOR) announced better-than-expected revenue in Q2 CY2026, but sales fell by 1.3% year on year to $1.01 billion. Guidance for next quarter’s revenue was better than expected at $1.01 billion at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.91 per share was 11.4% above analysts’ consensus estimates. Is now the time to buy Everforth? Find out in our full research report. Revenue: $1.01 billion vs analyst estimates of $990.8 million (1.3% year-on-year decline, 1.6% beat) Adjusted EPS: $0.91 vs analyst estimates of $0.82 (11.4% beat) Adjusted EBITDA: $96.7 million vs analyst estimates of $90.35 million (9.6% margin, 7% beat) Revenue Guidance for Q3 CY2026 is $1.01 billion at the midpoint, above analyst estimates of $998.6 million Adjusted EPS guidance for Q3 CY2026 is $1.01 at the midpoint, above analyst estimates of $0.98 EBITDA guidance for Q3 CY2026 is $100 million at the midpoint, above analyst estimates of $95.91 million Operating Margin: 4.1%, down from 5.8% in the same quarter last year Free Cash Flow Margin: 4.6%, down from 11.3% in the same quarter last year Market Capitalization: $953.3 million Evolving from its roots in IT staffing to become a high-end technology consulting powerhouse, Everforth (EFOR) provides specialized IT consulting services and staffing solutions to Fortune 1000 companies and U.S. federal government agencies. A company’s long-term performance is an indicator of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. With $3.97 billion in revenue over the past 12 months, Everforth is one of the larger companies in the business services industry and benefits from a well-known brand that influences purchasing decisions. However, its scale is a double-edged sword because finding new avenues for growth becomes difficult when you already have a substantial market presence. For Everforth to boost its sales, it likely needs to adjust its prices, launch new offerings, or lean into foreign markets. As you can see below, Everforth’s sales grew at a sluggish 1.5% compounded annual growth rate over the last five years. This shows it failed to generate demand in any major way and is a rough starting point for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. Everforth’s performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 3.7% annually. This quarter, Everforth’s revenue fell by 1.3% year on year to $1.01 billion but beat Wall Street’s estimates by 1.6%. Company management is currently guiding for flat sales next quarter. Looking further ahead, sell-side analysts expect revenue to remain flat over the next 12 months. While this projection implies its newer products and services will fuel better top-line performance, it is still below the sector average. WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE. Everforth was profitable over the last five years but held back by its large cost base. Its average adjusted operating margin of 9.5% was weak for a business services business. Looking at the trend in its profitability, Everforth’s adjusted operating margin decreased by 4 percentage points over the last five years. This raises questions about the company’s expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. Everforth’s performance was poor no matter how you look at it - it shows that costs were rising and it couldn’t pass them onto its customers. In Q2, Everforth generated an adjusted operating margin profit margin of 4.1%, down 4.7 percentage points year on year. This contraction shows it was less efficient because its expenses increased relative to its revenue. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company’s growth is profitable. Sadly for Everforth, its EPS declined by 4.3% annually over the last five years while its revenue grew by 1.5%. This tells us the company became less profitable on a per-share basis as it expanded due to non-fundamental factors such as interest expenses and taxes. We can take a deeper look into Everforth’s earnings to better understand the drivers of its performance. As we mentioned earlier, Everforth’s adjusted operating margin declined by 4 percentage points over the last five years. This was the most relevant factor (aside from the revenue impact) behind its lower earnings; interest expenses and taxes can also affect EPS but don’t tell us as much about a company’s fundamentals. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For Everforth, its two-year annual EPS declines of 15.2% show it’s continued to underperform. These results were bad no matter how you slice the data. In Q2, Everforth reported adjusted EPS of $0.91, down from $1.17 in the same quarter last year. Despite falling year on year, this print easily cleared analysts’ estimates. Over the next 12 months, Wall Street expects Everforth’s full-year EPS to shrink by 5% from $4.06 to $3.86. It was good to see Everforth beat analysts’ EPS expectations this quarter. We were also glad its EPS guidance for next quarter outperformed Wall Street’s estimates. Zooming out, we think this was a solid print. The stock traded up 4.6% to $24.50 immediately following the results. Sure, Everforth had a solid quarter, but if we look at the bigger picture, is this stock a buy? When making that decision, it’s important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it’s free.

Everforth (EFOR) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +12.35%. A quarter ago, it was expected that this staffing company would post earnings of $0.98 per share when it actually produced earnings of $0.69, delivering a surprise of -29.59%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Everforth, which belongs to the Zacks Technology Services industry, posted revenues of $1.01 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.44%. This compares to year-ago revenues of $1.02 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Everforth shares have lost about 51.7% since the beginning of the year versus the S&P 500's gain of 8.5%. While Everforth has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Everforth was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.99 on $1 billion in revenues for the coming quarter and $3.39 on $3.94 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Esco Technologies (ESE), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This maker of smart meters and filtration products is expected to post quarterly earnings of $2.12 per share in its upcoming report, which represents a year-over-year change of +32.5%. The consensus EPS estimate for the quarter has been revised 1.1% lower over the last 30 days to the current level. Esco Technologies' revenues are expected to be $338.51 million, up 14.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Everforth Inc. (EFOR) : Free Stock Analysis Report ESCO Technologies Inc. (ESE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Revenues, Net Income, Adjusted EBITDA and Adjusted EBITDA Margin Exceed the High-End of Guidance Estimates RICHMOND, Va., July 29, 2026--(BUSINESS WIRE)--Everforth, Inc. (NYSE: EFOR), a leading technology and digital engineering company, reported financial results for the quarter ended June 30, 2026. Highlights Second Quarter 2026 Revenues were $1,007.0 million Net income was $14.2 million Adjusted EBITDA (a non-GAAP measure) was $96.7 million (9.6 percent of revenues) Operating cash flows were $52.2 million and Free Cash Flow (a non-GAAP measure) was $46.3 million Repurchased 0.4 million shares of the Company's common stock for $11.5 million and repaid $23.9 million in debt Subsequent to the quarter end, in July completed the refinancing and upsizing of revolver, replacing previous revolver and Term Loan A, with a new five-year $600 million revolving facility IT Consulting Metrics Commercial Segment - book-to-bill ratio for the IT Consulting business trailing-twelve-month period ("TTM") was 1.2 to 1 Federal Government Segment - New contract awards for the TTM were $0.9 billion; book-to-bill ratio was 0.8 to 1 Management Commentary "Everforth delivered solid second quarter 2026 results, with revenues of $1 billion and Adjusted EBITDA margin of 9.6 percent both exceeding our expectations," said Ted Hanson, Chief Executive Officer of Everforth, Inc. "Performance in the quarter was supported by strength across our Commercial enterprise platform portfolio, where improving bookings conversion contributed meaningfully to our results and drove revenues above guidance for the quarter. In addition, the recent expansion of our revolving credit facility just after quarter end further strengthened our balance sheet and enhanced our financial flexibility." Hanson continued, "As AI adoption continues to accelerate and customers move from pilots to scaled production environments, the challenge is less about access to technology and more about integrating AI into workflows, data environments, and operating models. We believe that the last mile of the AI valuation equation will be IT services, and Everforth's differentiated combination of talent, industry expertise, governance capabilities, and technology alliances positions us at the intersection of the most important trends shaping our industry. We enter this next phase of AI adoption with confidence in both our strategy and ability to execute." Consolidated revenues for the quarter were $1,007.0 million, compared with $1,020.6 million in the second quarter of 2025. Commercial Segment revenues were 70 percent of total revenues and were $701.7 million, compared with $708.1 million in the second quarter of 2025. Federal Government Segment revenues were 30 percent of total revenues and were $305.3 million, compared with $312.5 million in the prior-year period. Commercial Segment revenues are categorized into five industries: (i) Consumer and Industrial, (ii) Technology, Media and Telecom ("TMT"), (iii) Financial Services, (iv) Healthcare, and (v) Business Services. Four of the industries decreased year-over-year, while TMT increased by $7.7 million or 5.6 percent. Federal Segment revenues are categorized into four customer types: (i) Defense and Intelligence, (ii) National Security, (iii) Federal Civilian, and (iv) other clients. The year-over-year revenue decline was attributable to decreases in Defense and Intelligence and Federal Civilian, partially offset by increases in National Security and other clients. Gross margin for the second quarter of 2026 was 28.3 percent, a compression of 40 basis points from the second quarter of 2025. Gross margin for the Commercial Segment was 32.1 percent, down 90 basis points year-over-year primarily driven by a lower mix of high-margin permanent placement revenues, as well as changes in foreign exchange rates primarily related to our delivery center in Mexico. Gross margin for the Federal Government Segment was 19.6 percent, up 40 basis points year over year, driven by focused efforts to improve profitability across the contract portfolio. Selling, general, and administrative ("SG&A") expenses were $226.2 million, compared with $216.8 million in the prior-year period. SG&A expenses included $9.8 million in acquisition, integration, and strategic planning expenses, compared with $8.3 million in the prior-year period. Net income was $14.2 million ($0.35 per diluted share), compared with $29.3 million ($0.67 per diluted share) in the second quarter of 2025. Adjusted EBITDA (a non-GAAP measure) was $96.7 million, or 9.6 percent of revenues ("Adjusted EBITDA margin," a non-GAAP measure), compared with $108.5 million or 10.6 percent of revenues in the second quarter of 2025. Capital Resources and Allocation At June 30, 2026, the Company had: Cash and cash equivalents of $152.9 million Availability of approximately $180.0 million under the Company's $500.0 million Senior Secured Revolving Credit Facility (due 2028) Senior Secured Debt, consisting of a Term Loan A facility with outstanding balance of $97.5 million (due 2028) and a Term Loan B facility with outstanding balance of $486.3 million (due 2030) Senior unsecured notes totaling $550.0 million at 4.625 percent (due 2028) During the quarter the Company repurchased 0.4 million shares of its common stock for $11.5 million at an average price of $30.07 per share. Approximately $923 million remained available at quarter end for repurchases under the Company's stock repurchase plan. Subsequent to the quarter end, in July the Company completed the refinancing and upsizing of its revolver, replacing the previous revolver and Term Loan A with a new five-year $600 million revolving facility. Third Quarter 2026 Financial Estimates The Company's financial estimates for the third quarter of 2026, which are set forth below, are based on current market conditions and assume no deterioration in the markets served. Reconciliations of estimated net income to the estimated non-GAAP financial measures are included in the tables that accompany this release. Conference Call The Company will hold a conference call today at 4:30 p.m. ET to review its financial results for the second quarter of 2026 and to provide third quarter 2026 estimates. The dial-in number is 877-407-0792 (+1-201-689-8263), and the conference ID number is 13760713. Participants should dial in ten minutes before the call. The prepared remarks, supplemental materials and webcast for this call can be accessed at www.everforth.com. A replay of the conference call will be available beginning today at 7:30 p.m. ET until August 12, 2026. The access number for the replay is 844-512-2921 (+1-412-317-6671) and the conference ID number is 13760713. A replay of the webcast will be available at www.everforth.com. About Everforth, Inc. Everforth, Inc. (NYSE: EFOR) is a leading technology and digital engineering company with six core solution areas: AI and data, cloud and infrastructure, application and digital engineering, customer experience, cybersecurity, and enterprise platforms. Through proprietary assets, accelerators, and proven expertise, Everforth delivers measurable outcomes that help organizations adapt, innovate, and thrive. Everforth: Adapt and Thrive.™ Learn more at everforth.com. Safe Harbor Certain statements made in this news release are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward-looking statements include statements regarding our anticipated financial and operating performance. All statements in this news release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results might differ materially. In particular, we make no assurances that the proposed revenue, expense, and profit estimates outlined above will be achieved. Additional examples of forward-looking statements in this press release include, without limitation, statements regarding our ability to attract, train, and retain qualified internal employees, the availability of qualified billable professionals, management of our growth, continued performance and improvement of our enterprise-wide information systems, our ability to successfully adapt to, integrate, and leverage new and developing technologies, including generative artificial intelligence, our ability to manage our litigation matters, the successful integration of acquisitions, and other risks detailed from time-to-time in our reports filed with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2025 as filed with the SEC on February 25, 2026. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release. Non-GAAP Financial Measures Statements in this release include financial information presented in accordance with accounting principles generally accepted in the United States ("GAAP") and also include non-GAAP financial measures that are provided as additional information to enhance the overall understanding of the Company's current financial performance and not as an alternative to the consolidated interim financial statements presented in accordance with GAAP. Management uses these non-GAAP measures (earnings before interest, taxes, depreciation, and amortization ("EBITDA"), Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income, Adjusted Net Income per diluted share, Free Cash Flow, and Revenues on a same Billable Days basis) to evaluate the Company's financial performance. These terms might not be calculated in the same manner as, and thus might not be comparable to, similarly titled measures reported by other companies. The financial information tables that accompany this press release include reconciliations of net income to non-GAAP financial measures. EBITDA, Adjusted EBITDA, and Adjusted EBITDA margin provide a measure of the Company's operating results in a manner that is focused on the performance of the Company's core business on an ongoing basis, by removing the effects of non-operating and certain non-cash expenses. These non-operating and non-cash items are specifically identified in the reconciliations of GAAP measures to Non-GAAP measures that accompany this release. Adjusted Net Income provides a method for assessing the Company's operating results in a manner that is focused on the performance of the Company's core business on an ongoing basis by removing the effects of non-operating and certain non-cash expenses on a net of tax basis. The metric is not adjusted by the benefit of the tax deduction associated with the amortization of acquired definite-lived intangible assets as these cash tax savings appropriately reflect the performance of the Company's acquisitions. Free Cash Flow provides useful information to investors about the amount of cash generated by the business that can be used for strategic opportunities and is computed as presented in the tables that accompany this release. IT Consulting Metrics Commercial IT consulting book-to-bill ratio represents the ratio of consulting bookings to related revenues for a specified period. Commercial IT consulting accounts for approximately 50 percent of the segment’s revenues and has increased as a proportion of the segment’s revenues over time. Bookings represent the value of new contracts entered into during the period, including adjustments for changes in contract scope and contract terminations. Measuring bookings involves the use of estimates and judgments and there are no independent standards or requirements governing the calculation of bookings. There is no assurance these bookings will result in future revenues. Federal Government Segment new contract awards are defined as the estimated amount of future revenues to be recognized under contracts awarded during a specified period, including adjustments to estimates for contracts awarded in previous periods. The book-to-bill ratio for the Federal Government Segment is the ratio of New Contract Awards to revenues for a specified period. There is no assurance our new contract awards will result in future revenues. View source version on businesswire.com: https://www.businesswire.com/news/home/20260729880235/en/ Contacts Kimberly EsterkinVice President, Investor [email protected]

Accelerator reduces discovery timelines by 25% and delivers a more complete and reliable requirements baseline compared to traditional manual discovery approaches RICHMOND, Va., July 14, 2026--(BUSINESS WIRE)--Everforth, Inc. (NYSE: EFOR), a leading technology and digital engineering company, announced today the recent success of the Company’s Rapid Discovery Tool, a proprietary AI-powered accelerator. RDT is part of Everforth's growing portfolio of proprietary accelerators that help clients accelerate delivery, improve quality, and achieve measurable business outcomes across application modernization and digital transformation initiatives. As organizations accelerate application modernization, cloud migration, and AI transformation initiatives, understanding the true complexity of legacy systems remains one of the biggest barriers to success. Everforth's Rapid Discovery Tool (RDT) helps organizations uncover hidden business logic, identify critical dependencies, and create a clearer understanding of how their systems operate. Traditional discovery approaches often depend on stakeholder interviews, outdated documentation, and institutional knowledge that may no longer reflect current system behavior. The RDT complements these efforts by analyzing source code and system interactions to extract business rules, document workflows, map integrations, and generate key discovery artifacts, providing a more complete and objective view of the application landscape. "A clear understanding of legacy systems is essential to successful modernization," said Jerry King, Managing Director of Application Engineering and Services, Everforth Apex Systems. "The Rapid Discovery Tool helps clients move beyond assumptions and incomplete documentation by identifying the logic, processes, and dependencies that underpin their business operations. By combining our proprietary accelerator with Everforth's engineering expertise, we help clients create a trusted foundation for modernization while reducing risk, accelerating delivery, and improving outcomes." RDT Delivers Measurable Impact for Global Hospitality Client The Everforth Commercial team recently demonstrated the impact of the RDT as part of a modernization initiative for a global hospitality organization. Faced with decades of business logic spread across reservation, loyalty, and property management systems, the client needed a reliable understanding of its existing environment before moving forward with its transformation efforts. Using the RDT, Everforth analyzed the client's technology landscape, automatically extracting business rules, workflows, and integration points while uncovering hidden dependencies that traditional discovery methods may have missed. The engagement reduced discovery timelines by 25% while delivering a more complete and reliable requirements baseline than traditional manual discovery approaches. The resulting documentation and system intelligence provided stakeholders with a validated foundation for modernization planning, implementation readiness, testing, and migration activities. RDT is one of several proprietary accelerators within Everforth's innovation portfolio, which is designed to help clients solve complex technology challenges faster and more efficiently. Across application modernization, cloud migration, AI-enabled engineering, and digital transformation initiatives, Everforth's accelerators combine proprietary IP, automation, and engineering expertise to deliver differentiated outcomes and measurable business value. To learn more about Rapid Discovery Tool and read the full hospitality modernization case study, click here. About Everforth, Inc. Everforth (NYSE: EFOR) is a leading technology and digital engineering company that helps organizations adapt, innovate, and thrive in a world of constant change. Through expertise in AI and data, cloud and infrastructure, application and digital engineering, experience, cybersecurity, and enterprise platforms, Everforth helps clients accelerate time to value and achieve measurable business outcomes. Everforth: Adapt and Thrive™. Learn more at everforth.com. Safe Harbor Certain statements made in this news release are "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward-looking statements include statements regarding our anticipated financial and operating performance. All statements in this news release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results might differ materially. For a full list of risks and discussion of forward-looking statements, please see our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 25, 2026. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release. View source version on businesswire.com: https://www.businesswire.com/news/home/20260714954760/en/ Contacts Kimberly EsterkinVice President, Investor [email protected]

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Everforth (NYSE:EFOR) and the rest of the it services & consulting stocks fared in Q1. IT Services & Consulting companies stand to benefit from increasing enterprise demand for digital transformation, AI-driven automation, and cybersecurity resilience. Many enterprises can't attack these topics alone and need IT services and consulting on everything from technical advice to implementation. Challenges in meeting these needs will include finding talent in specialized and evolving IT fields. While AI and automation can enhance productivity, they also threaten to commoditize certain consulting functions. Another ongoing challenge will be pricing pressures from offshore IT service providers, which have lower labor costs and increasingly equal access to advanced technology like AI. The 8 it services & consulting stocks we track reported a slower Q1. As a group, revenues along with next quarter’s revenue guidance were in line with analysts’ consensus estimates. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 13.8% since the latest earnings results. Evolving from its roots in IT staffing to become a high-end technology consulting powerhouse, Everforth (EFOR) provides specialized IT consulting services and staffing solutions to Fortune 1000 companies and U.S. federal government agencies. Everforth reported revenues of $968.3 million, flat year on year. This print was in line with analysts’ expectations, but overall, it was a disappointing quarter for the company with revenue guidance for next quarter missing analysts’ expectations. Everforth delivered the weakest performance against analyst estimates of the whole group. The market seems disappointed with the results as the stock is down 48.6% since reporting and currently trades at $20.78. Read our full report on Everforth here, it’s free. With over 2,500 research experts guiding organizations through complex technology landscapes, Gartner (NYSE:IT) provides research, advisory services, and conferences that help executives make better decisions about technology and other business priorities. Gartner reported revenues of $1.51 billion, down 1.5% year on year, in line with analysts’ expectations. The business had a very strong quarter with a beat of analysts’ EPS estimates. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 3.4% since reporting. It currently trades at $142.72. Is now the time to buy Gartner? Access our full analysis of the earnings results here, it’s free. Born from IBM's managed infrastructure services business in a 2021 spinoff, Kyndryl (NYSE:KD) is the world's largest IT infrastructure services provider that designs, builds, and manages technology environments for enterprise customers. Kyndryl reported revenues of $3.77 billion, flat year on year, in line with analysts’ expectations. It was a softer quarter as it posted a significant miss of analysts’ EPS estimates. As expected, the stock is down 21.4% since the results and currently trades at $11.55. Read our full analysis of Kyndryl’s results here. With engineering centers across the Americas, Europe, and India serving Fortune 1000 companies, Grid Dynamics (NASDAQ:GDYN) provides technology consulting, engineering, and analytics services to help large enterprises modernize their technology systems and business processes. Grid Dynamics reported revenues of $104.1 million, up 3.7% year on year. This print beat analysts’ expectations by 0.9%. Zooming out, it was a satisfactory quarter as it also logged EPS in line with analysts’ estimates but revenue guidance for next quarter slightly missing analysts’ expectations. Grid Dynamics achieved the highest full-year guidance raise among its peers. The stock is up 11.2% since reporting and currently trades at $6.33. Read our full, actionable report on Grid Dynamics here, it’s free. With a corporate history spanning over a century and once known for its iconic mainframe computers, IBM (NYSE:IBM) provides hybrid cloud computing platforms, AI solutions, consulting services, and enterprise infrastructure to help businesses modernize their operations. IBM reported revenues of $15.92 billion, up 9.5% year on year. This number surpassed analysts’ expectations by 1.4%. It was a strong quarter as it also produced a beat of analysts’ EPS and revenue estimates. IBM delivered the biggest analyst estimate beat and fastest revenue growth among its peers. The stock is up 6.5% since reporting and currently trades at $268.20. Read our full, actionable report on IBM here, it’s free. Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure? These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory’s analyst team — all seasoned professional investors — uses quantitative analysis and automation to deliver market-beating insights faster and with higher quality.

Investors were disappointed with the weak earnings posted by Everforth, Inc. (NYSE:EFOR ). However, our analysis suggests that the soft headline numbers are getting counterbalanced by some positive underlying factors. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Importantly, our data indicates that Everforth's profit was reduced by US$40m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. If Everforth doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Everforth's earnings over the last year, but we might see an improvement next year. Because of this, we think Everforth's earnings potential is at least as good as it seems, and maybe even better! Unfortunately, though, its earnings per share actually fell back over the last year. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. For instance, we've identified 4 warning signs for Everforth (1 is concerning) you should be familiar with. This note has only looked at a single factor that sheds light on the nature of Everforth's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.