TrueBlue (TBI) Misses Q1 EPS by 5c, Revenues Miss
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TrueBlue Reports First Quarter 2020 Results
May 4, 2020 4:05 PM EDTTACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue (NYSE: TBI) today announced its first quarter results for 2020.
First quarter revenue was $494 million, a decrease of 11 percent compared to revenue of $552 million in the first quarter of 2019. Net loss per diluted share was $4.04 compared to net income per diluted share of $0.21 in the first quarter of 2019. Adjusted net loss1 per diluted share was $0.01 compared to adjusted net income per diluted share of $0.27 in the first quarter of 2019.
Included in the results for the first quarter is a non-cash goodwill and intangible asset impairment charge of... More
