secwatch.observer — SEC 8-K summary
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Issuer:     BGSF, INC. (BGSF)
CIK:        0001474903
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001474903-22-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BGSF Q1 revenue up 37.8% to $69M; net income from continuing ops $2.35M; dividend $0.15
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- Revenue from continuing ops $69M, +37.8% YoY; gross profit +44.5% to $23.4M.
- Net income from continuing ops $2.35M vs. loss $0.21M; adjusted EPS $0.26 vs. $0.04.
- Total net income $15.5M includes $12.2M gain on sale of Light Industrial segment.
- Board declares $0.15/share quarterly dividend, payable May 24, record May 17 (30th consecutive).
- CEO optimistic about 2022 outlook; real estate and IT consulting expected to drive growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474903/000147490322000030/0001474903-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474903/000147490322000030/bgsf-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001474903-22-000030

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