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TeamStaff Revenue Rises 21%

May 16 2012

TeamStaff Inc. (NASD: TSTF), a provider of healthcare and logistics staffing and services to the federal government, reported revenue rose 20.8 percent to $12.6 million in its fiscal second quarter ended March 31 from $10.4 million in the year-ago period.

Gross margin fell to 10.3 percent in the second quarter from 14.4 percent in the year-ago period.

The company reported a net loss of $715,000,  compared with a net loss of $183,000 in the year-ago period.

TeamStaff Inc. (NASD: TSTF)
For the second quarter ended March 31, 2012, as compared with the same period in the previous year.
Revenue: $12.6 million, +20.8 percent
Net loss: $715,000 vs. net loss of $183,000

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