Command Center Inc. News Release (03/20/14)
Command Center Inc. has reported revenue of $24.6 million for the fourth quarter of 2013, down 8% from $26.7 million in the fourth quarter of 2012. The decrease in revenue is attributable to a lack of large-scale disaster relief projects occurring in the fourth quarter of 2013, in contrast to 2012, when the company undertook work related to Hurricane Sandy recovery. Excluding revenue from disaster recovery work, revenue increased 8% in the fourth quarter of 2013 compared with a year earlier. Revenue for the full year totaled $93.7 million, down 5% from $98.4 million in 2012. Excluding revenue from disaster recovery work, revenue increased 8% in 2013.
The company also reported net income of $1.2 million for the fourth quarter, up 121% compared with net income of $556,000 in the same quarter a year ago. Net income for the year was $2.9 million, up 89% from $1.6 million in 2012.
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