TrueBlue News Release (02/06/13)

TrueBlue Inc. today reported revenue for the fourth quarter of 2012 of $345 million, a decrease of 2% compared with revenue of $350 million for the fourth quarter of 2011. Revenue for the full fiscal year of 2012 was $1.39 billion, an increase of 6% compared with $1.32 billion for 2011.

Net income for the fourth quarter of 2012 was $7.4 million, compared with net income of $7.6 million for the fourth quarter of 2011 (down 2%). Net income for 2012 was $33.6 million compared with $30.8 million for the prior year, a 9% increase.

Additionally, TrueBlue announced today that it has acquired MDT Personnel, a temporary staffing provider with 105 branches and 15 onsite locations across 25 states. MDT is the third-largest general labor staffing firm in the U.S. and supplies workers to industries similar to those served by TrueBlue, including construction, event staffing, disaster recovery, hospitality, and manufacturing. TrueBlue will expand the size of its general labor business by integrating MDT’s operations with those of Labor Ready.

Kforce Inc. News Release (02/05/13)

Kforce Inc. reported net income of $8.6 million in the fourth quarter, up 21% from $7.1 million in the fourth quarter of 2011, excluding an impairment charge. Net income for the full year of 2012 totaled $30.8 million, amounting to a 13.4% gain from $27.2 million in 2011. Earnings from operations in the fourth quarter of 2012 rose to $269.8 million from $259.3 million in the fourth quarter of 2011, marking a 4% gain. Earnings from operations for the full year of 2012 increased 7.7% to $1.08 billion from $1 billion in 2011.

TeamHealth Holdings News Release (02/05/13)

Team Health Holdings Inc. has reported net earnings of $14.8 million for the fourth quarter of 2012, compared with $13.3 million for the same period in 2011. Net earnings for the full year of 2012 totaled $63.8 million, down from $65.5 million the previous year.

Net revenue for the fourth quarter of 2012 increased 17.9% to $544.8 million over the prior year fourth quarter. Acquisitions contributed 10.9%, same contracts contributed 3.8%, and new contracts, net of terminations, contributed 3.2% of the increase in quarter-over-quarter growth in net revenue.

Net revenue for the year increased 18.5% to $2.07 billion from $1.75 billion in fiscal 2011. Acquisitions contributed 11.0%, same contract revenue contributed 3.5%, and new contracts, net of terminations, contributed 4.0% of the increase in year-over-year growth in net revenue.