Recent Updates — EFOR

Everforth reported third-quarter 2026 revenues of $1,031.4 million, up from $1,011.4 million in the prior-year period, driven by growth in both its Commercial and Federal Government segments. Net income was $23.1 million ($0.56 per diluted share), compared to $38.1 million ($0.87 per diluted share) a year ago, as gross margin compressed 110 basis points to 28.3 percent due to lower-margin cloud and infrastructure services and foreign currency impacts. Adjusted EBITDA was $106.3 million (10.3 percent of revenues), surpassing the high end of guidance. The company also announced fourth-quarter 2026 estimates, projecting revenues between $965.0 million and $995.0 million and adjusted EBITDA between $93.0 million and $103.0 million. Everforth is a leading technology and digital engineering company providing AI, cloud, cybersecurity, and IT modernization services.

Everforth Inc reported second quarter 2026 financial results on July 29, 2026, with revenues of $1,007.0 million and net income of $14.2 million ($0.35 per diluted share). Adjusted EBITDA was $96.7 million, representing a 9.6 percent margin. The company repurchased 0.4 million shares for $11.5 million and repaid $23.9 million in debt during the quarter. Subsequent to quarter-end, Everforth refinanced its credit facilities by replacing its previous revolver and Term Loan A with a new five-year $600 million revolving facility. Management provided third quarter 2026 revenue estimates between $994.0 million and $1,024.0 million. Everforth operates in the technology and digital engineering industry, providing IT consulting, cloud infrastructure, cybersecurity, and enterprise platform services.