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On Assignment, Inc. Gives Update on Its Business Including Financial Guidance for the Second Quarter Ending June 30, 2004.

Publication: Business Wire
Publication Date: 01-JUN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

CALABASAS, Calif.--(BUSINESS WIRE)--June 1, 2004

On Assignment, Inc. (Nasdaq:ASGN), a leading provider of specialty temporary staff for science and healthcare, today gave an update on its business, including quarterly guidance for the second quarter ending June 30, 2004.

Dr. Joe Peterson, President and Chief Executive Officer of On Assignment, Inc. said, "Now that we are 100 days or so into our revitalization plan, we wanted to update our investor base on our progress and provide financial guidance for the second quarter. The revitalization strategy of focusing on consistent and clear operating objectives, stabilizing our revenues and strengthening our management team and field sales force, is beginning to show positive results in the Medical, Financial & Allied (MF&A) business. Revenues and gross profits for that business are now growing for the first time since late...

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