secwatch.observer — SEC 8-K summary
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Issuer:     BARRETT BUSINESS SERVICES INC (BBSI)
CIK:        0000902791
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000950170-25-065650
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BBSI Q1 revenue up 10% to $292.6M; net loss widens to $1.0M on seasonality
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- Revenue $292.6M (+10% YoY); gross billings $2.09B (+9%).
- Net loss $1.0M ($0.04 loss per diluted share) vs $0.1M loss a year ago.
- Record gross/net WSE additions; average WSEs up 7.6% to 132,459.
- Quarterly dividend $0.08/share declared, payable June 6 to May 23 record holders.
- Repurchased $9.1M of stock (228,376 shares at avg $39.85); $20.7M remaining in program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/902791/000095017025065650/0000950170-25-065650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/902791/000095017025065650/bbsi-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-065650

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer