BGSF Q4 net income $5.3M ($0.50 EPS); plans sale of InStaff segment; dividend raised to $0.15

BGSF, INC.

Q4 revenue from continuing ops $67.7M (+37.8% YoY); net income $4.3M ($0.41 diluted EPS) vs $1.1M prior year.
FY2021 continuing ops revenue $239M (+15.4%); net income $10.5M ($1.00 diluted EPS) vs net loss $2.1M in 2020.
Signed agreement to sell substantially all Light Industrial (InStaff) assets to Jobandtalent; closing expected Q1 2022.
Board approved 29th consecutive quarterly dividend increase to $0.15 per share.

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