Connecting to LinkedIn...

Blank

On Assignment Results

On Assignment Results

On Assignment, Inc. providing flexible and permanent staffing solutions in specialty skills including Laboratory/Scientific, Healthcare/Nursing, Physicians, Medical Financial, Information Technology and Engineering, has reported its results for the quarter ended June 30, 2009. Revenues for the second quarter of 2009 were $101.8 million down from $156.1 million in 2008. Adjusted EBITDA was $7.5 million or 7.3% of revenues, up as percent of revenue from 6.9% or $8.1 million in the first quarter of 2009.

Based on revenues in the first four weeks of the third quarter of 2009, taking into account the Company's normal seasonal patterns and assuming no further deterioration in the staffing markets On Assignment serves, the Company's financial estimates for the quarter ending September 30, 2009 are as follows: Revenues of $95 to $102 million, Adjusted EBITDA of $5.5 to $7.6 million and a Net income (loss) of ($0.2) to $0.9 million.

The Company's branch network encompasses approximately 71 branch offices across the United States, United Kingdom, Netherlands, Ireland and Belgium and the Company also provides physicians in Australia and New Zealand.

Tags:

Articles similar to

Articles similar to