ALJ Regional Holdings, Inc. (ALJJ) has reported a 36.25 percent jump in profit for the quarter ended Sep. 30, 2016. The company has earned $8.75 million, or $0.24 a share in the quarter, compared with $6.42 million, or $0.18 a share for the same period last year.

Revenue during the quarter grew 24.50 percent to $72.44 million from $58.18 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $8.22 million compared with $7.04 million in the prior year period. At the same time, adjusted EBITDA margin contracted 76 basis points in the quarter to 11.34 percent from 12.10 percent in the last year period.

Anna Van Buren, Faneuil's chief executive officer stated, "Faneuil experienced multiple new business successes in the fourth quarter, strengthening our position in both transportation and healthcare. We experienced continued growth in our healthcare sector as we secured a new multi-year contract with Access Health in Connecticut, which began their implementation in the fourth quarter of this fiscal year. Additionally, we secured our two other healthcare customers, the first with a new contract award with optional extension periods and the second with a two year extension."