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Staffing Firms Announces 40% Jump in Sales

On Assignment Inc., the Calabasas-based provider of diversified professional staffing solutions, reported that third-quarter revenues surged 40% to $162.4 million. Earnings more than doubled to $7.8 million for the quarter ended Sept. 30 from $3.2 million for the year-ago period. “We are very pleased that for the first time since Q3 of 2007, all of our operating segments reported for the quarter both sequential and year-over-year revenue growth,” Peter Dameris, president and chief executive officer, said in a statement. He said each segment of the company’s business contributed double-digit revenue increases compared with the third quarter of 2010. “While the economic environment remains difficult, our client diversification and focus on highly-skilled positions have served us well and permitted us to report record quarterly revenues,” he added.

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