BBSI Q2 net income $18.0M ($2.48 EPS); raises full-year outlook

BARRETT BUSINESS SERVICES INC

2022-Q2 EPS reported $2.48 revenue$508,554,000

Net revenues $262.2M (+12% YoY); gross billings $1.83B (+14%).
Diluted EPS $2.48 vs $2.24 YoY; net income $18.0M vs $17.1M.
Average worksite employees up 9% YoY; strong client additions.
Quarterly dividend $0.30 per share declared, payable Sep 2, record Aug 19.
Company raises full-year 2022 outlook citing continued strong trends.

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