TrueBlue (TBI) Tops Q3 EPS by 16c, Revenues Beat

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TrueBlue Reports Third Quarter 2020 Results

October 26, 2020 4:05 PM EDT

Company returns to profitability

TACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue (NYSE: TBI) today announced its third quarter results for 2020.

Third quarter revenue was $475 million, a decrease of 25 percent compared to revenue of $637 million in the third quarter of 2019. Third quarter net income per diluted share was $0.25 compared to a net loss per diluted share of $0.23 in the second quarter of 2020 and net income per diluted share of $0.68 in the third quarter of 2019. Third quarter adjusted net income1 per diluted share was $0.24 compared to an... More