TrueBlue (TBI) Tops Q1 EPS by 31c, Revenues Beat

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TrueBlue Reports First Quarter 2021 Results

April 26, 2021 4:05 PM EDT

Broad-based revenue recovery underway across all segments

TACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue (NYSE: TBI) today announced its first quarter results for 2021.

First quarter revenue was $459 million, a decrease of 7 percent compared to revenue of $494 million in the first quarter of 2020. Net income per diluted share was $0.20 compared to net loss per diluted share of $4.04 in the first quarter of 2020. Included in the results for the first quarter of 2020 is a non-cash goodwill and intangible asset impairment charge of $175 million, which is equivalent to $152 million after... More