Daily News

View All News

PrO and staffing revenue up at Comforce

August 05, 2010

Second-quarter revenue at Comforce Corp. (AMEX: CFS) rose 15.4% on a year-over-year basis to $163.6 million with increases in the firm's PrO Unlimited and staff augmentation revenue.

PrO Unlimited second-quarter revenue rose 26.7% from the year-ago quarter. PrO provides vendor management and compliance/payrolling services. Staff augmentation revenue rose 9.5%.

Second-quarter gross margin at the Bethpage NY-based firm narrowed to 14.1% from 14.3% in the second quarter of last year.

Comforce posted net income of $1.9 million, up from $598,000 in the year-ago quarter.

Comforce Corp. (AMEX: CFS)
For the second quarter ended June 27, 2010, compared with the same period in 2009.
Revenue: $163.6 million, +15.4%
Net income: $1.9 million vs. net income of $598,000