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Here is a list of research reports released last week by Staffing Industry Analysts.
INSIGHT - Survey of staffing firms: Who wants to buy, who wants to sell
This insight represents the first report to be published based on our comprehensive January 2008 survey of staffing firms. It focuses on buy/sell sentiment among staffing firm owners and executives and includes detail on which categories of staffing firms are in acquisition-mode and which more inclined to sell, in terms of segments, industries served, company size, and more. For the Insight, click here.
WEBINAR - Staffing industry trends and outlook: Q2 2008
Find out where the growth is, where it isn't, what opportunities are hot, and the inside information you need to ensure that your staffing firm - either large or small - will succeed in the days and weeks ahead. Filled with proprietary data and the unique insight only available from Staffing Industry Analysts, this content empowers you to guide your business through turbulent waters with confidence. For more, click here.
BRIEFING - Staffing stocks rise by 4.7% in April
The Staffing Industry Stock Index (SISI) rose 4.7% in April after having ended March roughly flat. The index, which tracks 21 staffing companies, rose by 48.9 points to close at 1092.54 on April 30. The rise in the SISI was comparable to the broader market increase of 4.8% in the S&P 500. For more, click here.
BRIEFING - Analysis of MPS Group 1Q08 earnings release
MPS Group Inc. (NYSE: MPS) delivered a solid first quarter in the midst of some not-so-stellar performances from other staffing firms and the soft economy. For more, click here.
BRIEFING - Analysis of Spherion 1Q08 earnings release
Spherion Corp. (NYSE:SFN) reported first quarter 2008 revenue of $576 million, up 24.8% from the $462 million generated in 1Q07. Acquisitions and business reclassifications accounted for virtually all of the increase, adding 24.6 percentage points to the base organic growth rate of just 0.2%. The company suffered a 50.8% decrease in net earnings of $1.3 million, down from $2.6 million. For more, click here.
BRIEFING - Analysis of Kforce 1Q08 earnings release
First-quarter revenue at professional staffing firm Kforce Inc. (NASD: KFRC) rose 4.8% to $264.5 million, from $252.3 million in the first quarter of 2007. For more, click here.
BRIEFING - Analysis of 1Q08 Randstad earnings release
Randstad reported first quarter 2008 revenue of euro2.24 billion, up 6.3% from the euro2.10 billion in revenue the company generated in 1Q07. Currencies subtracted 2% and net acquisitions added 3%, resulting in a 5% organic growth rate. The company generated a 5% increase in net income of euro73.3 million, up from euro71.5. For more, click here.
BRIEFING - 1Q08 Vedior earnings release
Vedior NV reported a 5% increase in revenue versus the year earlier. Operating income increased by 4%. For more, click here.