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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

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 (BBSI) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

Barrett Business Services (BBSI) Jumps: Stock Rises 7.1%

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Barrett Business Services' (BBSI) CEO Michael Elich on Q1 2019 Results - Earnings Call Transcript

Barrett (BBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Barrett Business Services (BBSI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Barrett Business Services: a Great Value Stock?

Barrett (BBSI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Barrett (BBSI) Upgraded to Strong Buy: What Does It Mean for the Stock?

News for Barrett Business Services Stock (BBSI)