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On Assignment beats esitmates in 3Q08

October 30, 2008

Professional staffing firm On Assignment Inc. (NASD:ASGN) reported revenue of $161.9 million for the quarter ended Sept. 30. Revenue was up 8.9% from the third quarter of 2007. The company chalked up net income of $6.9 million for the quarter, up 113% from the same period in 2007. Net income f...


Jobless claims four-week average falls 1%

October 30, 2008

The four-week moving average of initial jobless claims was 475,500, a decrease of 5,000, or 1.0%, from the previous week's revised average of 480,500, the U.S. Department of Labor reported today. The advance figure for initial unemployment claims was 479,000 for the week ended Oct. 25, unchang...


MPS Group 3Q08 earnings up 4%

October 30, 2008

MPS Group Inc. (NYSE: MPS) recorded a 4% increase in revenue for the quarter ended Sept. 30. The company generated revenue of $577 million compared with $556.6 million posted in the same quarter in 2007. Excluding the impact of acquisitions and foreign currency exchange rates, revenue increased...


Economy and hurricanes take its toll on CDI

October 30, 2008

CDI Corp. posted a drop of 5.6% in revenue for the quarter ended Sept. 30, ending the quarter at $281.9 million. The company reported net earnings from continuing operations of $8.1 million, up 1.3% from $8.0 generated in the prior-year quarter. Third quarter 2008 net earnings include a $3.3 mi...


Hudson revenue down 9.6% in 3Q08

October 29, 2008

Hudson Highland Group Inc. (NASD: HHGP) posted revenue of $271.4 million for the quarter ended Sept. 30, a decrease of 9.6% from $300.4 million for the same quarter of 2007. Gross margin for the quarter was 42.3% down from 43.1% from the same period last year. The company posted net loss for th...


Barrett's 3Q08 net revenue drop 6.6%

October 29, 2008

Staffing and professional employer services firm Barrett Business Services, Inc. (NASD: BBSI) reported today net income of $650,000 for the third quarter ended Sept. 30, a decline of $5.6 million or 89.7% from net income of $6.3 million for the third quarter of 2007.   Net revenues for the thir...


Simply Hired launches international Web sites

October 29, 2008

On Oct. 28, job search engine Simply Hired launched international job search websites for Canada (www.SimplyHired.ca), the United Kingdom (www.SimplyHired.co.uk), Australia (www.simplyhired.com.au/) and India (www.SimplyHired.co.in). The sites will include over 1.5 million job listings aggregat...


Analysts International plunges 33% in 3Q08

October 29, 2008

Information technology staffing and services firm Analysts International Corp. (NASD: ANLY) generated revenue of $62.6 million for the third quarter of 2008, down 33% from $93.5 million for the third quarter of 2007. The company reported a net loss of $0.5 million for the quarter compared to a...


Kforce 3Q08 revenue down 1.7%

October 29, 2008

Kforce Inc. (NASD: KFRC) reported revenue of $250.9 million for the quarter ended Sept. 30, a decrease of 1.7% from the same quarter a year ago. Net income for the quarter was $7.9 million, down 28.1% from $11.0 million for the same quarter in 2007.  Revenue from flex staffing was $235.4 milli...


CWS Summit begins in New York City

October 28, 2008

Staffing Industry Analysts' Contingent Workforce Strategies Summit  commenced today in Brooklyn, NY. The Contingent Workforce Strategies Summit is the only conference designed especially for corporate managers of contingent workforce programs. The program was kicked off by Chief Research Analys...