Daily NewsView All News
Analysts International posted a net loss of $448,000 in its fiscal third quarter ended Sept. 29.
"Through our back-office consolidation and cost-management initiatives we anticipate a $4 million benefit in 2008 and an annualized benefit of $6 million thereafter," said President and CEO Elmer Baldwin. "Coupled with our strategic investments, further cost management and focus on our key, higher margin businesses we believe we will restore profitability in the second half of 2008."
The company also announced several executive appointments including Robert Woods to senior VP general counsel and secretary, Michael Vacanti to VP of professional services central region, Craig Andrie to VP of professional services western region, and Brittany McKinney to VP of planning and operations. Analysts International also named Joseph Dunsmore to its board of directors.