---
schema_version: "secwatch.filing_event.v1"
accession: "0001474903-23-000087"
form_type: "8-K"
ticker: "BGSF"
cik: "0001474903"
company_name: "BGSF, INC."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:48:41.496909+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001474903-23-000087
- form_type: 8-K
- ticker: BGSF
- cik: 0001474903
- company_name: BGSF, INC.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474903/000147490323000087/0001474903-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474903/000147490323000087/bgsf-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474903-23-000087
- JSON: https://secwatch.observer/filing/0001474903-23-000087.json
- Plain text: https://secwatch.observer/filing/0001474903-23-000087.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474903/000147490323000087/0001474903-23-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.