BBSI News Release (02/03/2015)
Barrett Business Services Inc. reported net revenues of $175 million in the fourth quarter of 2014, up 21% from $144.5 million in the year-ago quarter. Net income totaled $7 million, up 27% from $5.6 million on a year-to-year basis. Staffing revenues totaled $45.3 million in the fourth quarter, up 22% from $37.1 million in the year-ago quarter.
For all of 2014, net revenues totaled $636.2 million, up 19% from $532.8 million in 2013. The company reported a net loss of $27.1 million, compared with net income of $17.9 million in the prior year. Staffing revenues totaled $165.8 million for the year, up 15% from $143.9 million in 2013.
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.