BGSF, Inc. Reports Earnings Results for the First Quarter Ended March 27, 2022
May 06, 2022 at 06:19 am EDT
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BGSF, Inc. reported earnings results for the first quarter ended March 27, 2022. For the first quarter, the company reported sales was USD 68.54 million compared to USD 49.75 million a year ago. Net income was USD 15.8 million compared to USD 0.711797 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to diluted loss per share from continuing operations of USD 0.02 a year ago. Basic earnings per share was USD 1.52 compared to USD 0.07 a year ago. Diluted earnings per share was USD 1.51 compared to USD 0.07 a year ago.
BGSF, Inc. is a provider of consulting, managed services, and professional workforce solutions. The Company operates through two segments: Property Management and Professional. The Property Management segment is a provider of office and maintenance talent. It operates in 38 states and D.C. The Professional segment provides specialized talent and business consultants for information technology (IT), managed services, finance, accounting, legal and human resources. The segment operates across the United States in three divisions: IT, Managed Solutions, and Finance & Accounting, with the IT division providing additional nearshore and offshore solutions in Colombia and India. Its client partners include Fortune 500 companies, medium and small companies, as well as consulting firms engaged in systems integration projects. Its workforce services consist of on-demand or short-term assignments, consulting services, managed services and on-site management administration.