BGSF Q2 revenue up 9.1% to $80.8M; declares $0.15 quarterly dividend

BGSF, INC.

2023-Q2 EPS reported -$1.29 revenue$156,116

Revenue $80.8M (+9.1% YoY); gross profit $29.6M (+18.0%); net income $2.6M ($0.24 EPS).
Adjusted EBITDA $7.5M (9.3% revs) vs $5.4M; adjusted EPS $0.37 vs $0.34.
Six-month net loss $13.9M includes $22.5M non-cash impairment from rebranding to BGSF.
Declared quarterly cash dividend $0.15/share (35th consecutive); payable Aug 28, record Aug 21.
Growth aided by acquisitions Arroyo Consulting and Horn Solutions; managed services momentum.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

BGSF, INC. reported second quarter ended July 2, 2023 results: revenue $80.8 million, net income $2.6 million, or $0.24 per diluted share, EPS $0.24 per diluted share.

Period: second quarter ended July 2, 2023
Revenue: $80.8 million
Net income: $2.6 million, or $0.24 per diluted share
EPS: $0.24 per diluted share
Result: reported results

Exact text from the filing

2 ex991q22023earnings.htm EXHIBIT 99.1 Document BGSF, Inc. Reports Second Quarter 2023 Financial Results Announces 35 th Consecutive Quarterly Dividend Quarterly Revenues of $80.8 million, up 9% PLANO, Texas – (August 9, 2023) – BGSF, Inc. ( NYSE: BGSF ), a growing provider of consulting, managed services, and professional workforce solutions, today reported

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

BGSF, INC. filing history →

Source: SEC EDGAR

accession 0001474903-23-000087

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.