TrueBlue (TBI) Tops Q1 EPS by 8c, Guides Q2 EPS In-Line

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TrueBlue Reports Record Q1 Revenue and Net Income

April 23, 2015 4:05 PM EDT

Revenue Up 45 Percent, Net Income More than Triples

TACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue, Inc. (NYSE: TBI) announced today that revenue for the first quarter of 2015 was $573 million, an increase of 45 percent, compared to revenue of $396 million for the first quarter of 2014. Adjusted net income per share* for the first quarter of 2015 was $0.20, up from $0.06 a year ago. Adjusted EBITDA* for the first quarter of 2015 was $19 million, an increase of 156 percent, compared to $8 million a year ago.

This was a very good quarter for us, with record first quarter... More