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Arcadia Resources Inc. (AMEX: KAD) reported healthcare staffing revenue fell 6.7 percent to $4.2 million in its fiscal third quarter ended Dec. 31, 2010, from $4.5 million in the same period in the previous year.
The Indianapolis-based company also provides nonstaffing services including homecare and pharmacy services. Total third-quarter revenue was $26.2 million, up 2.0 percent on a year-over-year basis. Third-quarter gross margin fell to 27.6 percent from 28.4 percent in the year-ago quarter. Arcadia reported a third-quarter net loss of $2.3 million compared to a net loss of $3.2 million in the third quarter of the previous year.
Arcadia Resources Inc. (AMEX: KAD)
For the fiscal third quarter ended Dec. 31, 2010, compared with the same period in the previous year.
Revenue: $26.2 million, +2.0 percent
Net loss: $2.3 million vs. net loss of $3.2 million