On Assignment Inc. News Release (07/26/12)
On Assignment Inc. reported revenues for the second quarter of 2012 were $283.2 million, including $99.0 million from Apex Systems, which was acquired May 15. Revenues were up 97% year-over-year and up 70% from the preceding quarter. Revenue growth (excluding the acquisition of Apex Systems) was 28% over the second quarter of 2011. Net income was $8.5 million, or $0.19 per diluted share and $13.0 million or $0.28 per diluted share excluding acquisition related costs.