Administaff Reports Q4 EPS of $0.30 vs, $0.29

Administaff, Inc. ASF today reported results for the fourth quarter and year ended December 31, 2010. For the fourth quarter, the company reported net income of $7.8 million versus a net loss of $2.8 million in the 2009 period. Diluted earnings per share were $0.30 compared to a loss of $0.11 per share in the 2009 period. Revenues for the fourth quarter of 2010 increased 10.0% over the 2009 period due to a 5.8% increase in revenues per worksite employee per month, and a 3.9% increase in the average number of worksite employees paid per month.