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Article: Professional Staff Reports Third Quarter Results.
- Article from:
- PR Newswire
- Article date:
- January 30, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Professional Staff today reported final results for its fiscal 2003 third quarter ended December 31, 2002, in line with the Company's preliminary results for the period.
For the third quarter, revenues were $35.4 million (22.3 million pounds) compared with $43.5 million (27.4 million pounds) in the fiscal 2002 third quarter, and, on a sequential basis, $37.6 million (23.7 million pounds) in the second quarter. Operating loss was $325,000 (205,000 pounds) compared with a loss of $836,000 (527,000 pounds) in the prior year period, which included goodwill amortization of $479,000 (302,000 pounds). Net income for the third quarter was a loss of $279,000 (176,000 ...