PRNewswire (11/20/12)
Labor SMART Inc., a provider of on-demand temporary labor, has released its third quarter and year-to-date results. In the quarter ending Sept. 30, 2012, the company reported revenues of $2,152,243 resulting in a 26% increase in sales over their second quarter revenues of $1,710,324 and an 82% increase over their first quarter of $1,183,716. The company showed a gross profit of $376,162 with a loss of $134,589 for the third quarter. The company also reported total year-to-date revenues of $5,046,283 with $852,470 in gross profits and a slight loss of $108,073 in net income for the first nine months ending Sept. 30, 2012.