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Source2 Revenue Rises 17%

August 09 2012

Source2, a Winter Park, Fla.-based staffing provider, reported second-quarter revenue rose 16.5 percent to $4.5 million from $3.9 million in the same period last year.

Second-quarter gross margin edged up to 21.3 percent from 20.5 percent in the year-ago quarter.

The company posted net income of $155,828 in the second quarter, up from $28,707 in the second quarter of 2011.

 For the second quarter ended June 30, 2012, compared with the same period in 2011.
 Revenue: $4.5 million, +16.5 percent
 Net income: $155,828 vs. net income of $28,707


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