TrueBlue, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 26, 2022
July 25, 2022 at 04:14 pm EDT
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TrueBlue, Inc. reported earnings results for the second quarter and six months ended June 26, 2022. For the second quarter, the company reported net income was USD 24.01 million compared to USD 15.88 million a year ago. Basic earnings per share from continuing operations was USD 0.73 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 0.45 a year ago.
For the six months, net income was USD 34.53 million compared to USD 22.78 million a year ago. Basic earnings per share from continuing operations was USD 1.04 compared to USD 0.66 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 0.65 a year ago.
TrueBlue, Inc. is a provider of specialized workforce solutions. It operates through three segments: PeopleReady, PeopleScout and PeopleManagement. The PeopleReady segment provides on-demand and skilled labor in a range of industries, such as construction, transportation, manufacturing, retail, hospitality, and renewable energy. The PeopleScout segment provides permanent employee recruitment process outsourcing, employer branding services and management of outsourced labor service providers through the operating segments: PeopleScout Recruitment Process Outsourcing (RPO), which outsources recruitment of permanent employees on behalf of clients and employer branding services; and PeopleScout managed service provider (MSP), which manages multiple third-party staffing vendors on behalf of clients. It also provides talent advisory solutions. The PeopleManagement segment offers contingent, on-site industrial staffing and commercial driver services primarily on-site at the clientâs facility.
TRUEBLUE, INC. 
