Profits Increase 43% for Temp Specialty Firm

On Assignment Inc., a Canoga Park supplier of temporary lab professionals, posted a 43% increase in its second-quarter net income on a 20% revenue gain.

In the quarter that ended June 30, net income rose to $610,000 from $426,000 a year earlier, while revenue increased to $9.59 million from $8.02 million.

The company attributed the gains primarily to increased demand for temporary help despite the sluggish economy. For the six months, On Assignment’s profit rose 79%, to $1.13 million compared with $632,000, on a 23% rise in revenue to $18.5 million from $15 million.