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TrueBlue Reports 2012 First Quarter Results

TrueBlue News Release (04/25/12)

TrueBlue Inc. has reported net income for the first quarter of $1.5 million, or $0.04 per diluted share, compared with net income of $0.8 million or $0.02 per diluted share for the first quarter of 2011. Revenue for the quarter was $311 million, an increase of 13% compared with revenue of $274 million for the first quarter of 2011.

“We had another quarter of solid execution across the business,” says TrueBlue chief executive officer Steve Cooper. For the second quarter, TrueBlue estimates revenue in the range of $350 million to $360 million and net income per diluted share for the quarter of $0.22 to $0.27.