BGSF, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 09, 2024 at 02:28 am IST
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BGSF, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 68.77 million compared to USD 75.32 million a year ago. Net loss was USD 0.792 million compared to USD 16.47 million a year ago.
Basic loss per share from continuing operations was USD 0.07 compared to USD 1.54 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 1.54 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.
BGSF, INC. 
