secwatch.observer — SEC 8-K summary
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Issuer:     BGSF, INC. (BGSF)
CIK:        0001474903
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001474903-22-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474903/000147490322000018/0001474903-22-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474903/000147490322000018/bgsf-20220309.htm
  HTML page:      https://secwatch.observer/filing/0001474903-22-000018

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