BG Staffing: Q1 Earnings Insights

Shares of BG Staffing BGSF rose 3% after the company reported Q1 results.

Quarterly Results

Earnings per share rose 16.67% over the past year to $0.28, which beat the estimate of $0.23.

Revenue of $74,067,000 up by 7.69% year over year, which beat the estimate of $73,420,000.

Looking Ahead

BG Staffing hasn't issued any earnings guidance for the time being.

BG Staffing hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 07, 2020

Webcast URL: http://public.viavid.com/player/index.php?id=138749

Technicals

Company's 52-week high was at $23.29

52-week low: $5.69

Price action over last quarter: down 9.86%

Company Profile

BG Staffing Inc is engaged in providing temporary staffing services. The business activities are carried out through Real Estate, Professional, and Light Industrial segments. The Real Estate segment provides office and maintenance field talent to various apartment communities and commercial buildings via property management companies. The Professional segment provides skilled field talent on a nationwide basis for information technology and finance and accounting client partner projects. The Light Industrial segment provides field talent primarily to logistics, distribution, and call center client partners. The group derives majority of revenue from Professional segment.