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View All NewsCommand Center revenue falls 35%
Command Center Inc. (OTCBB: CCNI.PK) reported full-year 2009 revenue fell 34.9% to $51.6 million.
The Post Falls ID-based commercial staffing firm said primary causes of the revenue drop included the weak economy and a reduction in the number of stores to 50 at the end of 2009 from 57 at the end of the previous year.
2009 gross margin narrowed to 25.2% from 26.0% in the previous year.
Command Center posted a net loss of $6.0 million in 2009 compared with a net loss of $17.6 million in 2008. The company had reported a goodwill impairment charge of $11.8 million in 2008.
Command Center Inc. (OTCBB: CCNI.PK)
For the full-year ended Dec. 25, 2009, compared with the previous year.
Revenue: $51.6 million, -34.9%
Net loss: $6.0 million vs. net loss of $17.6 million