---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-022121"
form_type: "8-K"
ticker: "BBSI"
cik: "0000902791"
company_name: "BARRETT BUSINESS SERVICES INC"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T10:03:30.303431+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-022121
- form_type: 8-K
- ticker: BBSI
- cik: 0000902791
- company_name: BARRETT BUSINESS SERVICES INC
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/902791/000095017024022121/0000950170-24-022121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/902791/000095017024022121/bbsi-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-022121
- JSON: https://secwatch.observer/filing/0000950170-24-022121.json
- Plain text: https://secwatch.observer/filing/0000950170-24-022121.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/902791/000095017024022121/0000950170-24-022121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.