Command Center Reports First Quarter Financial Results
COMMAND CENTER (CCNI)
NASDAQ:AMEX Investor Relations:
irdirect.net/ccni
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)-- Command Center, Inc. (Nasdaq: CCNI), a national provider of on-demand and temporary staffing solutions, today reported financial results for the first quarter ended March 29, 2019. First Quarter 2019 Financial Summary Revenue of $21.8 million compared to $22.5 million in the year-ago period. Gross margin of 25.9% compared to 24.9% in the year-ago period. The first quarter of last year included an expense related to changes in worker’s compensation accruals of $210,800, compared to no such expense in the first quarter this year. Net loss of $(744,000), or $(0.16) per diluted share, compared to a net loss of $(1.2 million), or $(0.24) per diluted share in the year-ago period. Adjusted EBITDA (excluding stock-based compensation expense) of negative $118,000 compared to $417,000 in the year-ago
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