AdminiStaff Posts Six Percent Revenue Increase

November 10, 2010 – Administaff, Inc./(NYSE:ASF), a provider of human resources services, recorded third quarter 2010 revenues of $414.1 million, a six percent gain from revenues of $390.9 million a year ago. For the quarter, the Houston-based company reported net income of $7.2 million, or $0.28 per share, compared to earning of $5.8 million, or $0.23 per share in 2009. Analysts on average were expecting earnings of 27 cents a share on revenue of $417.9 million, according to Thomson Reuters. “These excellent results reflect our successful efforts to resume growth and increase profitability as our core business recovered from the economic downturn,” said Paul J. Sarvadi, chairman and chief executive officer. “This success has provided a solid foundation from which to launch our adjacent business development strategy, and puts us in position to return to double-digit unit growth in 2011.”

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