GWINNETT, Ga., June 13, 2025 (GLOBE NEWSWIRE) -- AtWork®, the nation’s leading staffing franchise for empowering job seekers and facilitating company growth, has opened its newest location in Duluth at 6601 Sugarloaf Parkway, Ste. 220, conveniently located right off I-85, near Gas South Arena.  AtWork West Gwinnett is locally owned by Wendy Smith and her husband, Jeremy. Wendy brings more than 25 years of experience in human resources and has operated her own HR consulting firm since 2017. She is a Six Sig ...

Logent Finland Bidco Oy, an indirect subsidiary of SSCP Lager BidCo AB (publ) (“Logent” or the “Company”) has entered into an agreement with the shareholders of the Finnish entity HUB logistics Finland Oy (“HUB logistics” or the “Target”) to acquire all the shares in the Target (the “Acquisition”). The closing of the Acquisition is expected to take effect on 23 June 2025 and is subject to customary conditions precedents. Logent has mandated Nordea Bank Abp and Pareto Securities AS as joint bookrunners to ar ...

10 June 2025 | 6:42PM BST Europe Business Services: Staffing: May '25: Datapoints continue to improve in Europe The m-o-m volumes were up 1.8% in May'25 vs. April'25. French temp work turnover also improved to c.-1% vs. c-5% in April '25. Dutch turnover data also received today (June 10th) for the 5th 4-week period of 2025 (April 21st to May 18th), improved significantly to c.+5% yoy vs. c.-2% in the 4th 4-week period (March 24th to April 20th). Number of hours worked improved to c.-1% yoy vs. c.-6% in the ...

BENTONVILLE, Ark., May 20, 2025 (GLOBE NEWSWIRE) -- AtWork®, the nation's leading staffing franchise for empowering job seekers and facilitating company growth, is opening its first Arkansas location in the state at 2927 West Walnut St. AtWork Bentonville is locally owned and operated by Mike Beazer, a veteran engineer and hiring professional who spent 14 years at The Boeing Company, sharpening his expertise in talent acquisition while also addressing manufacturing challenges, developing new processes, ensu ...

Financial Data and Key Metrics Changes - Consolidated revenues for Q1 2025 totaled INR 48.3 million, reflecting a year-over-year increase of 3.2% compared to Q1 2024 [18] - GAAP net income for Q1 2025 was a net loss of $1.4 million or $0.12 per diluted share, compared to a net loss of $200,000 or $0.01 per diluted share in Q1 2024 [20] - Non-GAAP net income for Q1 2025 was $800,000 or $0.06 per diluted share, unchanged from Q1 2024 [20] - Consolidated gross profit dollars increased by 6.3% in Q1 2025 compared to the same quarter in 2024, with gross margins improving by 80 basis points [20] Business Segment Data and Key Metrics Changes - The Data Analytics Services segment reported revenues of INR 9 million in Q1 2025, an increase of 11.1% year-over-year [18] - The IT Staffing Services segment achieved revenues of INR 39.4 million in Q1 2025, a 1.6% increase compared to Q1 2024, despite a decline in the billable consultant base by 15 consultants [19] - Order bookings in the Data and Analytics segment totaled INR 11.7 million, exceeding last year's Q1 performance of INR 9.6 million [19] Market Data and Key Metrics Changes - The macroeconomic environment has impacted client spending patterns, leading to a cautious approach in decision-making [11] - There is a noted demand for AI-driven digital modernization, indicating continued relevance for enterprise customers [11][41] Company Strategy and Development Direction - The company is focused on synergizing data modernization and IT staffing solutions to offer cohesive high-value services [10] - An expanded partnership with Informatica aims to enhance data modernization capabilities and support AI-led transformation initiatives [8][26] - The company plans to unveil a go-forward strategy later this year to position itself as a leading partner for Global 2000 enterprise customers transitioning to AI-first organizations [10] Management's Comments on Operating Environment and Future Outlook - Management expresses cautious optimism regarding the long-term demand for AI-driven solutions despite current macroeconomic uncertainties [40][42] - The company acknowledges that clients are reprioritizing spending but are not pausing their transformation agendas altogether [41] - Management emphasizes the importance of delivering high-impact ROI aligned solutions to meet evolving client needs [41] Other Important Information - The company had a cash balance of INR 24.7 million as of March 31, 2025, with no bank debt outstanding [20] - The average bill rate is trending between 84.5 and 85.5, up from 83 to 83.5 last quarter and from 79 a year ago [44] Q&A Session Summary Question: Concerns about data and analytics segment margins - Management noted that gross margins in the Data and Analytics segment were impacted by lower utilization and a one-time reserve adjustment on a fixed bid project, which is expected to be a one-time issue [23] Question: Details on the relationship with Informatica - The expanded partnership with Informatica is now more strategic, focusing on co-developing industry-specific accelerators and launching an outcomes lab for joint solutions [26][27] Question: Stock buybacks in the quarter - The company has not conducted any stock buybacks in the last quarter but has 423,000 shares available for repurchase and plans to be more active moving forward [28][29] Question: Consultant count for the quarter - The billable headcount in staffing landed at 991 [35] Question: Client demand and feedback trends - There was no significant month-to-month lumpiness in demand, with growth noted in AI-driven digital modernization [37] Question: Active customer industry verticals - The healthcare licenses practice showed prior traction, but overall demand has been broad-based [38] Question: Initial thoughts on leading the company - Management remains cautiously optimistic about the market conditions and believes long-term demand drivers for AI-driven transformations are strong [40][42] Question: Bill rate trends - The average bill rate has increased due to higher rates on new assignments and reflects the type of skills employed recently [44]

Financial Data and Key Metrics Changes - Consolidated revenues for Q1 2025 totaled INR 48.3 million, reflecting a year-over-year increase of 3.2% compared to Q1 2024 [15] - GAAP net income for Q1 2025 was a net loss of $1.4 million or $0.12 per diluted share, compared to a net loss of $200,000 or $0.01 per diluted share in Q1 2024 [18] - Non-GAAP net income for Q1 2025 was $800,000 or $0.06 per diluted share, unchanged from Q1 2024 [18] - Consolidated gross profit dollars increased by 6.3% in Q1 2025 compared to the same quarter in 2024, with gross margins improving by 80 basis points [18] Business Line Data and Key Metrics Changes - The Data Analytics Services segment reported revenues of INR 9 million in Q1 2025, an increase of 11.1% compared to Q1 2024 [16] - Revenues in the IT Staffing Services segment totaled INR 39.4 million in Q1 2025, a 1.6% increase from Q1 2024, despite a decline in the billable consultant base by 15 consultants [17] Market Data and Key Metrics Changes - The company noted that client spending patterns were impacted by economic uncertainty, but still achieved year-over-year revenue growth in both business segments [15][10] - The average bill rate increased to between 84.5 and 85.5, up from 83 to 83.5 in the previous quarter and from 79 a year ago, reflecting higher rates on new assignments [42] Company Strategy and Development Direction - The company is focused on synergizing data modernization and IT staffing solutions to offer cohesive high-value services [9] - An expanded partnership with Informatica aims to enhance data modernization capabilities and support AI-led transformation initiatives for clients globally [6][7] - The company plans to unveil a go-forward strategy later this year to position itself as a leading partner for Global 2,000 enterprise customers transitioning to AI-first organizations [9] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the macroeconomic environment, acknowledging ongoing uncertainty but highlighting strong long-term demand for AI-driven transformations [37][39] - The company is committed to supporting clients through the shift to an AI-first world, while recognizing that near-term volatility may continue to bring uncertainty [11] Other Important Information - The company had a cash balance of INR 24.7 million as of March 31, 2025, with no bank debt outstanding and cash availability of INR 23.7 million under its revolving credit facility [18] Q&A Session Summary Question: Concerns about Data and Analytics segment margins - Management acknowledged that gross margins in the Data and Analytics segment were impacted by lower utilization and a one-time reserve adjustment, estimating a reduction of about two percentage points [21] Question: Details on the relationship with Informatica - The expanded partnership with Informatica is seen as a strategic enhancement, focusing on co-developing industry-specific solutions and launching an outcomes lab for clients [23] Question: Stock buybacks in the quarter - The company has not executed any stock buybacks in the last quarter but has 423,000 shares available for repurchase and plans to become active in the buyback program moving forward [26] Question: Consultant count for the quarter - The billable headcount in staffing landed at 991 [31] Question: Client demand and feedback trends - Management noted that there was no significant month-to-month lumpiness in client demand, with continued growth in AI-driven digital modernization [34] Question: Insights on company leadership and market conditions - Management remains cautiously optimistic about the market, noting that while clients are reprioritizing spending, they are not pausing transformation agendas altogether [37]

Core Insights - Mastech Digital, Inc. reported a 6% increase in consolidated gross profits for the first quarter of 2025, reflecting resilience in a challenging demand environment [1][3]. Financial Performance - Revenues for Q1 2025 reached $48.3 million, up from $46.8 million in Q1 2024, marking a 3% increase [3][7]. - Gross profits for Q1 2025 were $12.9 million, compared to $12.1 million in Q1 2024, with gross margins improving to 26.7% from 25.9% [3][7]. - The GAAP net loss for Q1 2025 was ($1.4 million) or ($0.12) per diluted share, compared to a net loss of ($161,000) or ($0.01) per diluted share in Q1 2024 [3][7]. - Non-GAAP net income for Q1 2025 was $0.8 million, consistent with the same period in 2024, translating to $0.06 per diluted share [3][7]. Segment Performance - The Data and Analytics Services segment generated revenues of $9.0 million, an 11% increase from $8.1 million in Q1 2024 [7]. - The IT Staffing Services segment saw a 2% revenue increase in Q1 2025 compared to the same quarter in 2024 [7]. - Order bookings for the Data and Analytics Services segment totaled $11.7 million, while demand for IT Staffing Services was lower than the previous year due to market uncertainties [4][5]. Management Commentary - The CEO highlighted the challenging demand environment but expressed cautious optimism, noting year-over-year growth in both business units [5]. - The CFO reported a cash balance of $24.7 million as of March 31, 2025, with no bank debt and $23.7 million available under the revolving credit facility [5]. Balance Sheet Overview - As of March 31, 2025, total assets were $110.1 million, with total liabilities at $23.1 million, resulting in shareholders' equity of $86.9 million [15].

GEE Group (JOB) Q2 2025 Earnings Call May 15, 2025 11:00 AM ET Company Participants Derek Dewan - Chairman & CEOKim Thorpe - SVP and CFO Derek Dewan Hello, and welcome to the GEE Group Fiscal twenty twenty five Second Quarter and First Half Ended 03/31/2025 Earnings and Update Webcast Conference Call. I'm Derek Dwan, Chairman and Chief Executive Officer of GEE Group. I will be hosting today's call. Joining me as a co presenter is Kim Thorpe, our Senior Vice President and Chief Financial Officer. Thank you f ...

U.S. Physical Therapy (USPH) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.35%. A quarter ago, it was expected that this physician staffing services company would post earnings of $0.74 per share when it actually produced earnings of $0.65, delivering a surprise of -12.16%.Over th ...

Centerline also names its annual Drive It Forward Scholarship winner and Driver of the Year.TACOMA, Wash., May 8, 2025 /PRNewswire/ -- TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, and its transportation staffing leader, Centerline Drivers, are proud to introduce the inaugural Respect the Drive Customer Awards, honoring industry-leading businesses that set the standard in safety, driver culture, and inclusivity. This new recognition program is an expansion of Centerline's long ...