Daily NewsView All News
TeamStaff Inc. (NASD: TSTF), a Somerset NJ-based healthcare and administrative staffing firm, reported revenue fell 26.2% to $13.1 million in its fiscal third quarter ended June 30 compared to the same period in the previous year.
Third-quarter gross margin slipped to 16.0% from 18.6% in the year-ago quarter.
TeamStaff posted a third-quarter net loss of $533,000. It reported net income of $541,000 in the third quarter of last year. The company said it would have posted net income of $300,000 in the third quarter of last year if it excluded non-recurring retroactive billings.
TeamStaff Inc. (NASD: TSTF)
For the fiscal third quarter ended June 30, 2009, compared with the same period in the previous fiscal year.
Revenue: $13.1 million, -26.2%
Net loss: $533,000 vs. net income of $541,000