Wednesday, January 11, 2012 7:15:53 AM
CCNI ~ Revenue of $6.85 Million in December
Command Center Announces Revenue of $6.85 Million in December
Command Center, Inc. (OTCQB:CCNI), a national provider of on-demand and temporary staffing solutions, today announced revenue of $6.85 million for the five-week reporting period ended December 30, 2011, compared with revenue of $6.92 million recorded for the six-week reporting period ended December 31, 2010.
Command Center recorded average weekly revenue of $1.37 million in December 2011, an increase of 19% on average weekly revenue of $1.15 million in December 2010. Because of the disparity between the reporting periods of December ’11 and December ’10, five weeks versus six weeks, respectively, the company noted that a comparison of average weekly sales between the two periods is “a more appropriate way to evaluate revenue improvement year-over-year.”
The company also said Q4 ’11 revenue of $20.25 million improved 8% on revenue of $18.80 million in Q4 ’10, and that total revenue of $81.91 million in 2011 represents an 18% increase on revenue of $69.44 million posted in 2010.
“Revenue improvement throughout the year can be attributed to a number of factors,” said Command’s Chairman and CEO, Glenn Welstad. “But I think the most significant one has been our ability to identify and service promising growth markets such as disaster relief and recovery and national accounts. Now, as we enter the New Year, we also anticipate significant revenue contributions from our rapidly expanding Bakken Staffing business in North Dakota, and from the acquisition of DR Services that we completed last week, in addition to our growing core business. So, we are pleased with this year’s results and even more excited about the opportunities for the company’s growth in 2012.”
http://ih.advfn.com/p.php?pid=nmona&article=50701995
Command Center Announces Revenue of $6.85 Million in December
Command Center, Inc. (OTCQB:CCNI), a national provider of on-demand and temporary staffing solutions, today announced revenue of $6.85 million for the five-week reporting period ended December 30, 2011, compared with revenue of $6.92 million recorded for the six-week reporting period ended December 31, 2010.
Command Center recorded average weekly revenue of $1.37 million in December 2011, an increase of 19% on average weekly revenue of $1.15 million in December 2010. Because of the disparity between the reporting periods of December ’11 and December ’10, five weeks versus six weeks, respectively, the company noted that a comparison of average weekly sales between the two periods is “a more appropriate way to evaluate revenue improvement year-over-year.”
The company also said Q4 ’11 revenue of $20.25 million improved 8% on revenue of $18.80 million in Q4 ’10, and that total revenue of $81.91 million in 2011 represents an 18% increase on revenue of $69.44 million posted in 2010.
“Revenue improvement throughout the year can be attributed to a number of factors,” said Command’s Chairman and CEO, Glenn Welstad. “But I think the most significant one has been our ability to identify and service promising growth markets such as disaster relief and recovery and national accounts. Now, as we enter the New Year, we also anticipate significant revenue contributions from our rapidly expanding Bakken Staffing business in North Dakota, and from the acquisition of DR Services that we completed last week, in addition to our growing core business. So, we are pleased with this year’s results and even more excited about the opportunities for the company’s growth in 2012.”
http://ih.advfn.com/p.php?pid=nmona&article=50701995
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