Corporate Resource Services, Inc. reported unaudited earnings results for the second quarter and six months ended on July 4, 2014. For the quarter, the company's net income fell to $0.3 million, from $1.3 million in the year-earlier period. Adjusted EBITDA jumped 69% to $8.1 million from $4.8 million for the same period in the last year. Revenue was $246.1 million, an increase of $47.0 million, or 24%, compared to the second fiscal quarter in 2013. The increase was driven by acquisitions made at the end of 2013 that added $32.5 million in revenue. EBITDA was $3,564,000 against $3,537,000 for the same period in the last year. Operating income was $3.8 million compared to of $3.4 million in the same quarter last year.

For the six months, the company reported net loss of $2,719,000 against net income of $877,000 for the same period in the last year. EBITDA was $3,349,000 against $5,123,000 for the same period in the last year. Adjusted EBITDA was $12,030,000 against $7,319,000 for the same period in the last year. Revenue grew 18% to $464.5 million from $393.3 million reported in the first six months of fiscal 2013. Operating income was $3.4 million compared to operating income of $4.8 million in last year's second quarter.