Barrett Business Services

Barrett Business Services, Inc. engages in the provision of business management solutions for small and mid-sized companies. It develops management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It focuses on professional employer, and staffing and recruiting services. The company was founded in 1951 and is headquartered in Vancouver, WA.

Earnings data Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Barrett Business Services exceeds expectations in Q4 2022 earnings

BBSI had a successful Q4 and full year 2022, with strong financial results and strategic accomplishments. The company is optimistic about 2023, aiming for continued growth and improved performance. Investments in new offerings and cost management will be key focus areas.

Barrett Business Services (BBSI) reports record Q1 profitability and strategic adaptations

BBSI's Q1 performance reflects a mix of successes and challenges, with a focus on strategic adaptations and client value. The company's outlook for 2023 remains positive despite ongoing staffing difficulties.

Barrett Business Services (BBSI) exceeds Q2 expectations despite staffing challenges

Barrett Business Services (BBSI) navigated challenges in staffing business decline by focusing on PEO segment growth and client retention. The company's strong performance in health insurance offerings and workers' compensation program positions it well for future growth and profitability.

Barrett Business Services (BBSI) exceeds targets, poised for growth

Barrett Business Services (BBSI) demonstrated resilience and growth potential in Q3 2023, leveraging operational strengths and strategic initiatives.
While facing challenges in staffing revenues, the company's financial stability, successful program rollouts, and positive outlook position it for future success.
By focusing on core differentiation, seizing growth opportunities, and addressing challenges proactively, BBSI aims to drive continued performance and value creation.

BBSI reports strong Q4 earnings, eyes growth in 2024

BBSI delivered strong financial results with growth in key metrics.
Client retention, tech investments, and geographic expansion are key strengths.
Challenges include declines in staffing business and increased SG&A expenses.
Opportunities lie in expected growth in gross billings and WSEs for 2024.

BBSI posts Q1 growth, unveils health insurance partnership with Kaiser

BBSI reported solid operational performance with growth in gross billings and client retention, despite a net loss in Q1 '24.
The company's strategic initiatives, like the Kaiser Permanente partnership and new health insurance offerings, aim to drive future growth.
While facing challenges like staffing revenue decline, BBSI's strong balance sheet and focus on controllable growth present opportunities for long-term success.
Investors should monitor BBSI's execution of growth strategies and cost management efforts to assess its resilience and profitability in the evolving market.

Barrett Business Services (BBSI) reports strong Q2 performance and growth opportunities

Barrett Business Services (BBSI) delivered a strong performance in Q2 '24, with growth in gross billings, worksite employees, and positive hiring trends across industries. The company's strategic partnerships and focus on market expansion present opportunities for future growth.
While facing challenges in certain business segments and cost management, Barrett Business Services remains well-positioned with a strong balance sheet, no debt, and a proactive approach to addressing market fluctuations. The approved dividend increase reflects confidence in the company's financial health and performance.
To maintain momentum, Barrett Business Services should address challenges in staffing business decline, regional performance variations, and managing expenses efficiently. Leveraging opportunities in healthcare partnerships, market expansion, and client acquisitions can drive sustained growth and market leadership.

Barrett Business Services (BBSI) reports strong Q3 performance and outlook

BBSI's Q3 performance exceeded expectations with strong financial results and positive growth indicators.
While facing challenges in the staffing business, the company is stabilizing and focusing on strategic shifts.
Opportunities lie in leveraging scale, expanding product offerings, and maintaining financial stability for future growth.

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Barrett Business Services, Inc. engages in the provision of business management solutions for small and mid-sized companies. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It focuses on professional employers, and staffing and recruiting services. The company was founded in 1951 and is headquartered in Vancouver, WA.

Barrett Business Services, Inc. (NASDAQ:BBSI ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Gary Kramer - President & CEO Anthony Harris - CFO Conference Call Participants Christopher Moore - CJS Vincent Colicchio - Barrington Research Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss BBSI's financial results for the second quarter ended June 30, 2022. Joining us today are BBSI's President and CEO, Mr.

Barrett Business Services, Inc. (BBSI) CEO Gary Kramer on Q2 2022 Results - Earnings Call Transcript

Barrett (BBSI) delivered earnings and revenue surprises of 32.62% and 1.82%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Barrett Business Services (BBSI) Beats Q2 Earnings and Revenue Estimates

- Q2 2022 Net Income of $18.0 Million, or $2.48 per Diluted Share -- Raises Full-Year Outlook -

BBSI Reports Strong Second Quarter 2022 Financial Results

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BBSI vs. ADP: Which Stock Is the Better Value Option?

VANCOUVER, Wash., July 20, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, August 3, 2022, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2022. The company will report its financial results in a press release prior to the conference call.

BBSI Sets Second Quarter 2022 Conference Call for Wednesday, August 3, 2022, at 5:00 p.m. ET

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Barrett (BBSI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Barrett (BBSI) Moves 6.2% Higher: Will This Strength Last?

BBSI vs. ADP: Which Stock Should Value Investors Buy Now?

BBSI or ADP: Which Is the Better Value Stock Right Now?

Barrett (BBSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Barrett (BBSI) Rating Upgrade to Strong Buy

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BBSI vs. EXLS: Which Stock Is the Better Value Option?

BBSI or EXLS: Which Is the Better Value Stock Right Now?

Barrett (BBSI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Barrett (BBSI)

Barrett (BBSI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Barrett (BBSI)

Barrett Business Services, Inc. (NASDAQ:BBSI ) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Gary Kramer - President & CEO Anthony Harris - CFO Conference Call Participants Vincent Colicchio - Barrington Research Chris Moore - CJS Securities Jeff Martin - ROTH Capital Partners Operator Good afternoon, everyone, and thank you for participating in today's Conference Call to discuss BBSI's Financial Results for the First Quarter ended March 31, 2022. Joining us today are BBSI's President and CEO, Mr.

Barrett Business Services' (BBSI) CEO Gary Kramer on Q1 2022 Results - Earnings Call Transcript

Barrett (BBSI) delivered earnings and revenue surprises of 106.35% and 0.86%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Barrett Business Services (BBSI) Q1 Earnings Surpass Estimates

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BBSI vs. ATTO: Which Stock Is the Better Value Option?

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VANCOUVER, Wash., April 20, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, May 4, 2022, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2022. The company will report its financial results in a press release prior to the conference call.

BBSI Sets First Quarter 2022 Conference Call for Wednesday, May 4, 2022, at 5:00 p.m. ET

Barrington analyst Vincent Colicchio lowered the price target on Barrett Business Services, Inc. (NASDAQ: BBSI) to $85 from $95 and maintained an Outperform rating on the shares, citing multiple contractions in the peer group average. The company's Q4 earnings beat.

Read How Analysts Reacted To Barrett Business Services' Q4 Results

Barrett Business Services, Inc. (BBSI) CEO Gary Kramer on Q4 2021 Results - Earnings Call Transcript

- Q4 2021 Net Income of $10.6 Million, or $1.40 per Diluted Share - - Full Year 2021 Net Income of $38.1 Million, or $5.00 per Diluted Share - - Board of Directors Authorizes New $75 Million Share Repurchase Program Over Two Years -

BBSI Reports Fourth Quarter and Full Year 2021 Financial Results

VANCOUVER, Wash., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, March 2, 2022, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2021. The company will report its financial results in a press release prior to the conference call.

BBSI Sets Fourth Quarter and Full Year 2021 Conference Call for Wednesday, March 2, 2022, at 5:00 p.m. ET

VANCOUVER, Wash.--(BUSINESS WIRE)--Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., is proud to announce it has been Certified™ by Great Place to Work® for the first time. The prestigious award is based entirely on what current employees say about their experience working at BBSI. Great Place to Work® is the global authority on workplace culture, employee exper

BBSI Earns 2022 Great Place to Work Certification™

Barrett Business Services, Inc. (BBSI) CEO Gary Kramer on Q3 2021 Results - Earnings Call Transcript

Barrett (BBSI) delivered earnings and revenue surprises of 0.00% and 4.93%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Barrett Business Services Stock (BBSI)