BBSI Q4 net income $14.6M, EPS $2.16; FY net income $50.6M, EPS $7.39; declares $0.30 dividend

BARRETT BUSINESS SERVICES INC

2023-FY EPS reported $7.39 revenue$1,069,307,000

Q4 net income $14.6M ($2.16 diluted EPS) vs $11.5M ($1.64) YoY; revenue $276.7M (+2%).
Full year net income $50.6M ($7.39 diluted EPS) vs $47.3M ($6.54) in 2022; revenue $1.07B.
Board declared $0.30/share quarterly dividend payable March 28, 2024 to holders of record March 15.
2024 outlook: gross billings growth 6-8%, WSE growth 4-5%, gross margin 2.95-3.15%.
Repurchased $34M stock in 2023 at avg $91.15; $59M remains under buyback program.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

BARRETT BUSINESS SERVICES INC updated its the fourth quarter and year ended December 31, 2023 guidance (initiated).

Period: the fourth quarter and year ended December 31, 2023
Guidance: initiated
Result: reported results

Exact text from the filing

On February 28, 2024, Barrett Business Services, Inc. (the “Company”), issued a news release announcing its financial results for the fourth quarter and year ended December 31, 2023. The release also provides management’s expectations for certain key performance metrics for 2024.

View on SEC.gov

379 earnings releases filed in the last 30 days. Browse all earnings releases →

BARRETT BUSINESS SERVICES INC filing history →

Source: SEC EDGAR

accession 0000950170-24-022121

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.