On Assignment Announces 33% Advance In Q2 Earnings

(RTTNews) - On Assignment (ASGN) reported a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $42.99 million, or $0.80 per share. This was higher than $32.34 million, or $0.61 per share, in last year's second quarter.

Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.3% to $608.09 million. This was up from $485.32 million last year.

On Assignment earnings at a glance:

-Earnings (Q2): $42.99 Mln. vs. $32.34 Mln. last year. -Earnings Growth (Y-o-Y): 32.9% -EPS (Q2): $0.80 vs. $0.61 last year. -EPS Growth (Y-o-Y): 31.1% -Analysts Estimate: $0.78 -Revenue (Q2): $608.09 Mln vs. $485.32 Mln last year. -Revenue Change (Y-o-Y): 25.3%