earnings
confidence high
sentiment positive
materiality 0.75
BGSF reports Q2 revenue up 29% to $74.1M; declares $0.15 quarterly dividend
BGSF, INC.
2022-Q2 EPS reported
$1.82
revenue$142,631,443
- Q2 revenue $74.1M (+29.1% YoY); net income $3.2M ($0.30 diluted EPS) vs $2.6M ($0.25) a year ago.
- Adjusted EPS from continuing ops $0.34, up from $0.21; adjusted EBITDA $5.4M (7.3% of revenue).
- Gross profit $25.1M (+30.2%); gross margin improved 0.3 pts to 33.8%.
- SG&A up 22.3% to $19.7M, driven by compensation on higher gross profit.
- Board declares 31st consecutive quarterly cash dividend of $0.15/share, payable Aug 22 to record Aug 15.