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Hudson Global Reports 2012 Full-Year and Fourth Quarter Results

Hudson Global Inc. News Release (02/21/2013)

Hudson Global Inc. reported revenues of $184.3 million for the fourth quarter of 2012, down 17.3% from the fourth quarter of 2011. The company reported a net loss of $0.3 million for the fourth quarter, versus net income of $3.3 million during the same period in 2011. Revenues totaled $777.6 million for all of 2012, down 16.7% from 2011. For all of 2012, the company reported a net loss of $5.3 million, compared with net income of $10.9 million the prior year. The Hudson Americas unit reported revenues of $39.5 million for the fourth quarter, down from $47.8 million, and $169.2 million for all of 2012, down from $192.2 million in 2011.

Ciber Reports Fourth Quarter and Full Year 2012 Results

Ciber News Release (02/21/13)

Ciber Inc. today reported fourth-quarter 2012 net income from continuing operations of $5.4 million. Net income from continuing operations for the full year was $2.5 million. The company reported revenue of $225.3 million for the fourth quarter, up 2% compared with the same quarter a year earlier. Revenue for all of 2012 was $884.4 million, a 2% decline.

The North American division posted fourth-quarter revenue of $107.5 million, up 2% from the same quarter a year earlier. The division’s revenue for the full year was $432.8 million, up 1% from a year earlier.

RCM Technologies Inc. Announces 2012 Fourth Quarter and Year-End Results

MarketWatch (02/20/13)

RCM Technologies Inc. reported revenues of $37 million for the fourth quarter of 2012, up 5.7% from $35 million for the same quarter a year earlier. Over the same period, the company’s net income decreased slightly to $1 million from $1.1 million. For all of 2012, revenues totaled $145.8 million, a 1.4% increase from $143.8 million a year earlier. Net income for the full year dropped to $3.2 million from $4.3 million.

U.S. Jobless Claims Rise for First Time in Three Weeks

Bloomberg (02/21/13) Lorraine Woellert; Alex Kowalski

The number of people who applied for new unemployment benefits jumped 20,000 to 362,000 in the week ended Feb. 16, the U.S. Department of Labor reported today, keeping claims at a level that suggests slow but steady improvement in the nation’s labor market. The median forecast of 48 economists surveyed by Bloomberg called for an increase to 355,000. The number of applications in three states and the District of Columbia was estimated because of the holiday-shortened week. The average of new claims over the past month rose by 8,000 to 360,750, putting it at the highest level since the first week of the year.

Free ASAPro Webinar Today—Would Your Firm Recover From a Disaster?

Don’t miss this afternoon’s ASAPro webinar “How to Design and Implement a Successful Disaster Recovery Plan.” A panel of experts will teach you how to build a successful disaster recovery plan tailored to your firm’s needs. The webinar, developed with input from the ASA office–administrative section, takes place from 3 to 4 p.m. Eastern time today.

This webinar is free for ASA members and qualifies for continuing education hours toward ASA certification renewal. Register online at americanstaffing.net.

Make Sure Your Company’s Ready for Health Care Reform

As the leader in staffing industry advocacy, ASA has been hard at work to mitigate the effects of the Affordable Care Act on staffing companies. The 2013 ASA Staffing Law Conference, May 7–8 in Washington, DC, will deliver the latest information, strategies, tools, resources, and expertise on all the most pressing legal and legislative issues affecting the staffing industry—including health care reform.

The ASA Staffing Law Conference will feature a special session, “Health Care Reform Panel Discussion—What Are Staffing Firms Doing to Prepare?” This discussion will be led by ASA senior counsel Ed Lenz, the industry’s leading expert on the new law.

Learn more and register today at americanstaffing.net.