Corporate Resource Services, Inc. reported unaudited earnings results for the third quarter and nine months ended October 3, 2014. For the quarter, net income was $2.432 million against $1.704 million a year ago. EBITDA was $7.961 million against $3.660 million a year ago. Adjusted EBITDA was $11.928 million against $6.591 million a year ago. Revenue was $260.3 million, an increase of $51.6 million, or 25%, compared to the third fiscal quarter in 2013. The increase is primarily attributable to acquisitions made late in 2013 and in the first quarter of 2014 that added $32.1 million in revenues. Excluding the impact of acquisitions, the company generated organic revenue growth of approximately $19.5 million, or 38% of the growth in the quarter under consideration. Pre-tax income grew by $1.0 million, or 53%, to $2.7 million.

For the nine months, net loss was $0.285 million against net income of $2.580 million a year ago. EBITDA was $11.310 million against $8.782 million a year ago. Adjusted EBITDA was $25.086 million against $14.229 million a year ago. Revenue grew 20% to $724.8 million from $602.0 million reported in the first nine months of fiscal 2013. Pre-tax income was $0.1 million, down from $2.8 million a year ago.