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TeamStaff Reports Third Quarter Results
Date:8/14/2009

0.11) $0.05 $(0.21) $0.01 ====== ===== ====== =====

This press release includes certain non-GAAP financial measures. TeamStaff's management does not suggest that investors consider such non-GAAP financial measures in isolation from, or as a substitute for, GAAP financial measures, such as net income, cash flow data or other financial information presented in the consolidated financial statements. Adjusted net (loss) income, a non-GAAP financial measure, is defined as net (loss) income minus gross profit from non-recurring retroactive billings. The Company believes it is useful for management and investors to review both GAAP information and non-GAAP financial measures to have a better understanding of the overall performance of the Company's business and trends relating to its financial condition and results of operations. Management believes that this information provides greater insight into our Company's underlying operating performance that facilitates a more meaningful comparison of its current financial results in different reporting periods. The Company has chosen to show the three and nine month comparative adjusted net (loss) income to show what results would have been in the three and nine months of fiscal 2008 had the non-recurring retroactive billings not occurred.


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SOURCE TeamStaff, Inc.
Copyright©2009 PR Newswire.
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Related medicine news :

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4. General Services Administration Awards Information Technology Schedule Contract to TeamStaffs Government Staffing Subsidiary
5. TeamStaff Promotes Kevin Wilson to President of Government Staffing Subsidiary
6. TeamStaff, Inc. Reports Preliminary Second Quarter 2008 Results
7. TeamStaff, Inc. Announces Results From Annual Meeting of Shareholders
8. TeamStaff Announces Amended Revolving Credit Facility with Sovereign Business Capital
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10. TeamStaff Rx Awarded JCAHO Certification
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