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BBSI Reports First Quarter 2013 Financial Results

MarketWatch (04/23/13)

Barrett Business Services Inc. reported net revenues of $111.6 million for the first quarter of 2013, up 35% from $82.4 million during the same period last year. The company also reported a net loss of $2.5 million for the first quarter, versus a net loss of $2.2 million during the first quarter of 2012. BBSI’s net revenues for its professional employer services were $81.8 million for the first quarter, up 45% from $56.2 million, and net revenues for its staffing services were $29.7 million, up 12% from $26.2 million.