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Article: Staff Builders Reports First Quarter for Fiscal Year 2000; Spin-Off of Home Health Care Division Moving Forward.
- Article from:
- Business Wire
- Article date:
- July 20, 1999
CopyrightCOPYRIGHT 1999 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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LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--July 20, 1999--
Staff Builders Inc., (OTC BB:SBLI) one of the nation's largest home health care and staffing providers, today reported results for the first quarter of fiscal 2000, ended May 31, 1999. Revenues for the first quarter were $107.7 million, a decrease of $3.6 million or 3.2% for the current quarter from $111.3 million for the year ago quarter. Net loss for the first quarter fiscal year 2000 was ($2.1 million), or ($.09) per share, compared to a net loss of ($99 thousand), or $0.00 per share, for the prior year period.
Home Care Division Spin-Off Moving Forward
"We continue diligently to prepare ...