BGSF - BG Staffing Non-GAAP EPS of $0.16 revenue of $75.3M beats by $1.33M
2023-05-10 18:02:42 ET
- BG Staffing press release ( NYSE: BGSF ): Q1 Non-GAAP EPS of $0.16.
- Revenue of $75.3M (+9.9% Y/Y) beats by $1.33M .
- Gross profit was $26.8 million, up 14.3% from 2022. Gross profit percent increased 140 basis points to 35.6% in 2023.
- Operating income (loss) includes a non-cash charge of $22.5 million ($16.9 million after-tax or $1.58 per diluted share) related to the impairment of trade name intangible assets from the re-branding to BGSF for all entities. Therefore, the other trade names have no value.
For further details see:
BG Staffing Non-GAAP EPS of $0.16, revenue of $75.3M beats by $1.33M