BBSI Q2 EPS $0.62 flat YoY, revenue up 6% to $279.7M; raises dividend 7% to $0.08/share

BARRETT BUSINESS SERVICES INC

2024-Q2 EPS reported $0.62 revenue$545,433,000

Net income $16.7M ($0.62 diluted EPS) vs $17.0M ($0.62) in Q2 2023.
Revenue increased 6% to $279.7M; gross billings up 6% to $2.03B.
Average worksite employees grew 4% YoY to 128,734.
Quarterly dividend raised 7% to $0.08/share, payable Aug 30 to holders of record Aug 16.
Repurchased 222,780 shares at avg $31.63; $44.9M remaining under $75M buyback program.

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