Key Developments For On Assignment, Inc.
On Assignment, Inc. (ASGN.O) (Consolidated Issue listed on NASDAQ Global Market)
On Assignment, Inc. Issues Q4 2009 Guidance; Revenue Guidance Below Analysts' Estimates-Reuters
Reuters reported that On Assignment, Inc. expects per-share earnings of breakeven to $0.03 a share (EPS) on revenue of $93-$98 million for the fourth quarter of 2009. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.01 on revenue of $98.8 million for the fourth quarter of 2009.
On Assignment, Inc. Issues Q3 2009 Guidance; Revenue, Net Income Guidance Below Analysts' Estimates
On Assignment, Inc. announced that for third quarter of 2009, it expects revenues of $95-$102 million, adjusted EBITDA of $5.5-$7.6 million, net income (loss) of ($0.2) to $0.9 million and earnings (loss) per diluted share (EPS) of ($0.01) to $0.03. According to Reuters Estimates, analysts were expecting the Company to report revenues of $107 million, EBITDA of $6.8 million, net income of $1.36 million and EPS of $0.03 for the same period.
On Assignment, Inc. Issues Q2 2009 Outlook Below Analysts' Estimates-Conference Call
On Assignment, Inc. announced that for the second quarter of 2009, it expects consolidated revenues of $105 to $108 million, net income of $0.5 to $1.5 million, earnings per share (EPS) of $0.01 to $0.04, adjusted EBITDA to range from $6 to $7.7 million. These estimates do include approximately $685,000 in income related to the mark to market of $73 million swap which matures at the end of June. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.05, net profit of $1.6 million and EBITDA of $8.8 million on revenue of $120 million for the second quarter of 2009.
On Assignment, Inc. Issue Q1 2009 Guidance In Line With Analysts' Estimates-Conference Call
On Assignment, Inc. announced that for first quarter of 2009, it expects revenue of $119 million to $124 million, net income of $900,000 to $1.5 million, earnings per share (EPS) of $0.02 to $0.04 and adjusted EBITDA to range from $8.1 million to $9.2 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $122 million, net profit of $1.12 million and EPS of $0.03 for first quarter of 2009.
On Assignment, Inc. Issues Q4 2008 Guidance; Revenue Guidance Below Analysts' Estimates
On Assignment, Inc. announced that for fourth quarter of 2008, it expects revenues of $152.0-$156.5 million, adjusted EBITDA of $14.4-$16.8 million, net income of $4.0-$5.4 million and earnings per share (EPS) of $0.11-$0.15. The financial estimates do not include any potential impact from the mark-to-market of the Company's $73 million interest rate swap in the fourth quarter. According to Reuters Estimates, analysts were expecting the Company to report revenues of $159.6 million, EBITDA of $15.5 million net profit of $5.2 million and EPS of $0.15 for the same period.
