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View All NewsArcadia healthcare staffing revenue falls
Arcadia Resources Inc. (AMEX: KAD) announced healthcare staffing revenue fell 38.3% year over year to $5.0 million in its fiscal first quarter ended June 30, 2009.
Travel nurse revenue fell 45% year over year in the first quarter, and per diem healthcare staffing revenue fell 35%.
In addition to healthcare staffing, Indianapolis-based Arcadia provides home care and pharmacy services. The company sold its industrial staffing business in May.
Total first-quarter revenue for the company fell 1.4% year over year to $26.4 million. It posted a net loss of $4.6 million.
Arcadia Resources Inc. (AMEX: KAD)
For the fiscal first quarter ended June 30, 2009, compared with the same period in the previous year.
Revenue: $26.4 million, -1.4%
Net loss: $4.6 million vs. net loss of $3.3 million