BGSF Q2 revenue up 18.8% to $74.4M; net income $3.4M vs. year-ago loss

BGSF, INC.

2021-Q2 EPS reported $0.40 revenue$142,103,226

Diluted EPS $0.33 vs. -$0.47 in prior-year quarter; adjusted EPS $0.33.
Gross margin expanded 230 bps to 29.3%, driven by operational restructuring.
Declared quarterly dividend of $0.12/share, payable Aug 23 to holders of record Aug 16 (27th consecutive).
Professional segment led by IT Consulting; Light Industrial sees high demand but labor shortages.
M&A activity expected to pick up in H2 2021 despite elevated valuations.

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