On Assignment Profit Up

Healthcare staffing firm On Assignment in Calabasas increased net earnings to $821,000, or $0.03 per share on revenues of $64.7 million in the fourth quarter of 2005. On Assignment had a net loss of $5.7 million, or ($0.22) per share on revenues of $51.3 million for the fourth quarter of 2004. Earnings in 2005 included an income tax expense of $150,000, while the loss in the fourth quarter of 2004 included almost $2 million in income tax expenses. Fourth-quarter revenues for 2005 increased 26.2% over the previous year. For the full year of 2005, the company reported a net loss of $96,000, or $0.00 per share on revenues of $237.9 million versus a 2004 net loss of $42.4 million, or $1.68 per share on revenues of $193.6 million.