Adecco Group News Release (11/05/12)

Adecco Group today announced results for the third quarter of 2012. Revenues were flat or down 5% organically, to €5.3 billion. Excluding currency effects and acquisitions, revenue fell 5% compared with a 4% fall in the second quarter. Adecco’s third quarter net profit fell 18% to €118 million, slightly better than expected.

In North America, Adecco’s revenues increased 3% organically to €977 million in Q3 2012. General staffing revenues increased 2% in constant currency and professional staffing revenues grew by 5% organically. The North American IT Professional Staffing segment grew 6% year-on-year organically in Q3 2012, driven by solid growth in the U.S. of 8% organically. Permanent placement revenues continued to develop strongly, up 15% organically.

“We are quite optimistic for the U.S.,” said Adecco chief executive Patrick De Maeseneire, highlighting good demand for information technology, medical and scientific, finance and legal, and logistics.

Ciber News Release (11/06/12)

Ciber Inc. today reported results for the third quarter of 2012. Revenue of $215.8 million decreased 3%, or increased 2% in constant currency, compared with last year’s third quarter. Sequentially from the second quarter of 2012, revenue decreased 2%, or 1% in constant currency. Gross margin for the third quarter was 25.3% compared with 26.3% in last year’s third quarter. Third quarter 2012 operating income from continuing operations of $4.6 million yielded an operating margin of 2.1%. In the third quarter of 2011, operating income and operating margin were $6.0 million and 2.7%, respectively. Net income from continuing operations for the third quarter 2012 was $0.6 million, compared with $1.7 million in last year’s third quarter.

The North American division posted revenue of $109.3 million, which was flat compared with the third quarter 2011 and down 1% sequentially. Operating margin in the North American division was strong at 7.2%.

“Revenue in constant currency was up overall,” says president and chief executive officer Dave Peterschmidt. “We are pleased to see a healthy operating margin in North America, bringing 7.2% to the bottom line, which is the best performance this year.”

Team Health News Release (11/05/12)

TeamHealth has expanded its Alabama presence through the acquisition of certain assets of Alabama ER Administrative Services PC and by partnering with the physicians of ER Med LLC, the physician groups that provided services to the emergency departments of Baptist Medical Center South, Baptist Medical Center East, and Prattville Baptist Hospital in Montgomery, AL. On Nov. 1, TeamHealth commenced services for these emergency departments that care for approximately 125,000 patients annually.