Command Center (OTC:CCNI), a national provider of on-demand and temporary staffing solutions, today announced revenue of $5.08 million for the four-week reporting period of February 2011, a 51% increase on revenue of $3.36 million recorded in February 2010. There were 51 company-owned stores in February, as compared with 50 stores one year ago. Command Center closed yesterday at $0.47 per share and has a market cap of $26 million.“We are extremely pleased with these results,” said Command’s Chairman and CEO, Glenn Welstad. “Despite harsh weather conditions that normally impact our results in the month of February, we were able to generate better-than-expected numbers due to the outstanding sales efforts of our branch office personnel. February revenue also received an added boost from a large event services contract that Command has serviced for the past five years.”
Mr. Welstad added that he expects revenue growth in 2011 “to increase significantly through strategic acquisitions and the opening of new branch offices in areas of the country where there are immediate needs for workers in response to customer orders. In both cases, management will be focused on opportunities for expansion that serve to maintain or improve margins and profitability.”
The Company provides on-demand employment solutions to businesses in the United States, primarily in the areas of light industrial, hospitality and event services, as well as other assignments.
Additional information on Command Center is available at www.commandonline.com.
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