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Article: Labor Ready Announces Record Third Quarter Results; Net Income Increases 40 Percent.
- Article from:
- Business Wire
- Article date:
- October 19, 2005
CopyrightCOPYRIGHT 2005 Business Wire. 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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TACOMA, Wash. -- Labor Ready, Inc. (NYSE:LRW) reported revenue for the third quarter ended Sept. 30, 2005 increased 21.7 percent to $360.4 million compared to revenue of $296.1 million for the third quarter of 2004. Net income for the quarter was $21.8 million or $0.40 per diluted share, as compared to $15.6 million or $0.31 per diluted share for the third quarter of 2004.
"Our record revenue for the 2005 third quarter reflects the significant attention management has given to executing our key business strategies," said Labor Ready CEO Joe Sambataro. "We continue to grow our top line along with our margins, and we are recruiting and retaining talented people as ...