Barrett Business Services (BBSI) Reports Q1 Loss Per Share of $1.11

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Go back to Barrett Business Services (BBSI) Reports Q1 Loss Per Share of $1.11

BBSI Reports First Quarter 2016 Financial Results

June 22, 2016 4:11 PM EDT

VANCOUVER, WA -- (Marketwired) -- 06/22/16 -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the first quarter ended March 31, 2016.

First Quarter 2016 Financial Highlights vs. Year-Ago Quarter

Net revenues up 15% to $191.0 million Non-GAAP gross revenues up 19% to $1.1 billion Net loss of $8.0 million or $(1.11) per diluted share, compared to a net loss of $5.8 million or $(0.82) per diluted share

"The first quarter of 2016 began on a strong note, with solid gross revenue growth... More