Public Storage Inc.

Public Storage reported fourth-quarter net income of $107.3 million (46 cents per diluted share), compared with $86 million (30 cents) for the like period a year earlier. Revenues for the Glendale-based storage facilities operator rose to $240.3 million from $220.6 million for the comparable year-ago period.


The company attributed its growth to better same-store results and from new self-storage facilities, increased equity real estate, lower expenses, and a decrease in income to minority interests.


On Assignment, Inc.
On Assignment reported a fourth-quarter net loss of $5.7 million (22 cents per diluted share), compared with a loss of $2 million (8 cents) for the like period a year earlier. Revenues for the Calabasas-based temporary and permanent staffing firm rose 3.5 percent to $51.3 million.


The company said its net loss includes tax adjustments of $3.4 million. The tax adjustments consist of a charge of $4.2 million and a tax benefit of $817,000.


On Assignment expects revenues of $49 million to $50 million and a loss per share of 16 cents to 18 cents for the first quarter ending March 31.


American Reprographics Co.
American Reprographics reported fourth-quarter net income of $4.1 million (11 cents per diluted share), compared with a loss of $13 million (35 cents) for the like period a year earlier. Revenues for the Glendale-based business document management services provider rose to $107.6 million from $99.6 million for the comparable year-ago period.


The company went public on Feb. 4 at $13 per share, generating $173.6 million on the sale of 13.4 million shares of common stock.


The company expects revenue of approximately $470 million to $480 million and diluted earnings per share in the range of 79 cents to 81 cents for fiscal 2005.


Bell Industries, Inc.
Bell Industries reported fourth-quarter net loss of $767,000 (9 cents per diluted share), compared with a loss of $2.6 million (31 cents) for the like period a year earlier. Revenues for the El Segundo-based electronic instruments and controls company decreased to $26.2 million from $30.9 million for the comparable year-ago period.

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