earnings
confidence high
sentiment neutral
materiality 0.55
BGSF Q1 net loss narrows to $1.4M, revenues flat at $20.9M
BGSF, INC.
- Net loss of $1.4M ($0.13 diluted EPS) vs loss of $2.3M ($0.21) YoY; adjusted EPS loss $0.06.
- Revenues flat at $20.9M; gross profit $7.4M (35% margin) vs $7.6M (36%) prior year.
- Adjusted EBITDA loss improved to $0.5M (3% of revenue) from loss of $1.0M (5%) YoY.
- Company continues as a workforce solutions provider for specialized Property Management industry.
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