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.