secwatch.observer — SEC 8-K summary
======================================

Issuer:     BGSF, INC. (BGSF)
CIK:        0001474903
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001474903-22-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BGSF reports Q2 revenue up 29% to $74.1M; declares $0.15 quarterly dividend
---------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474903/000147490322000056/0001474903-22-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474903/000147490322000056/a8-kon08x03x22q22022.htm
  HTML page:      https://secwatch.observer/filing/0001474903-22-000056

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