TrueBlue (TBI) Tops Q1 EPS by 9c, Revs Miss

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TrueBlue Reports Fiscal First Quarter 2018 Results

April 30, 2018 4:05 PM EDT

TACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue, Inc. (NYSE: TBI) announced today its fiscal first quarter 2018 results.

Revenue was $554 million, a decrease of 2 percent, compared to revenue of $568 million in the fiscal first quarter of 2017. Net income per diluted share was $0.22, an increase of 100 percent, compared to $0.11 in the fiscal first quarter of 2017. Adjusted net income per diluted share1 was $0.31, an increase of 48 percent, compared to $0.21 in the fiscal first quarter of 2017.

We are off to a strong start this year with earnings per share growth of 100 percent, TrueBlue CEO Steve Cooper said.... More