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Analysts International Revenue Rises 1%

August 03 2012

Analysts International Corp. (NASD: ANLY), a Minneapolis-based information technology staffing and solutions provider, announced revenue rose 0.9 percent in the second quarter to $27.1 million from $26.8 million in the year-ago period.

“Second-quarter financial performance was at the low end of our expected range,” said President and CEO Brittany McKinney. “We made progress on our strategy in the quarter, resulting in six percent growth in our core business and good inroads with new strategic clients.”

The company posted second-quarter gross margin of 23.1 percent, unchanged from Q2 in 2011.

Net income rose to $533,000 in the second quarter from $37,000 in the year-ago period.

For the fiscal year 2012, the company projected revenue growth from 0 percent to 3 percent, and gross margin in the range of 23 percent to 25 percent of revenue.

Analysts International Corp. (NASD: ANLY)
 For the second quarter ended June 30, 2012, compared with the same period in 2011.
 Revenue: $27.1 million, +0.9 percent
 Net income: $533,000, compared with $37,000

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