BARRETT BUSINESS SERVICES INC


Associated tags: Risk management, PEO, WSE, Communications satellite

BBSI Sets First Quarter 2024 Conference Call for Wednesday, May 1, 2024, at 5:00 p.m. ET

Retrieved on: 
Wednesday, April 17, 2024

The company will report its financial results in a press release prior to the conference call.

Key Points: 
  • The company will report its financial results in a press release prior to the conference call.
  • BBSI’s CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period.
  • If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.
  • A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through June 1, 2024.

BBSI Announces Board Approval of Planned Four-For-One Stock Split, Pending Stockholder Approval of an Increase in Authorized Shares of Common Stock

Retrieved on: 
Wednesday, April 10, 2024

“We believe this stock split will improve the overall trading efficiency of our stock and make our shares more accessible to a wider range of potential shareholders,” said Gary Kramer, BBSI’s CEO.

Key Points: 
  • “We believe this stock split will improve the overall trading efficiency of our stock and make our shares more accessible to a wider range of potential shareholders,” said Gary Kramer, BBSI’s CEO.
  • “This split comes at a time when our stock is experiencing all-time highs due to our strength in earnings and improved market position.”
    The planned stock split is subject to stockholder approval of an amendment to the Company's charter to increase the number of authorized shares of common stock from 20,500,000 to 82,000,000, which is proportionate to the anticipated future increase in the number of issued shares of common stock following the planned four-for-one stock split.
  • The charter amendment will be submitted for stockholder approval at the upcoming annual meeting on June 3, 2024.
  • Following stockholder approval, the Company plans to announce the timing of the stock split and declare the stock dividend.

BBSI Enhances Health Benefits Portfolio with Kaiser Permanente Partnership

Retrieved on: 
Monday, April 1, 2024

This strategic partnership is a significant enhancement to BBSI’s health benefits portfolio and underscores its commitment to providing comprehensive and top-quality healthcare solutions to businesses nationwide.

Key Points: 
  • This strategic partnership is a significant enhancement to BBSI’s health benefits portfolio and underscores its commitment to providing comprehensive and top-quality healthcare solutions to businesses nationwide.
  • Kaiser Permanente, renowned for its excellence in healthcare services, joins BBSI's network of healthcare providers, offering clients access to a wide range of medical services, wellness programs, and specialized care.
  • "We are thrilled to partner with Kaiser Permanente to further strengthen our health benefits offerings," said Gary Kramer, CEO at BBSI.
  • To learn more about BBSI's comprehensive business management solutions and health benefits offerings, visit https://www.bbsi.com/.www.bbsi.com to connect with a dedicated team for personalized assistance.

BBSI Reports Strong Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

VANCOUVER, Wash. , Feb. 28, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • “2023 was another year of significant accomplishments and solid execution for BBSI,” said BBSI President and CEO, Gary Kramer.
  • We expect the momentum of strong controllable growth to continue into 2024 as our value proposition continues to improve.”
    Revenues in the fourth quarter of 2023 increased 2% to $276.7 million compared to $272.0 million in the fourth quarter of 2022.
  • Net income for the fourth quarter of 2023 increased to $14.6 million, or $2.16 per diluted share, compared to $11.5 million, or $1.64 per diluted share, in the year-ago quarter.
  • Continuing under the Company’s stock repurchase program established in July 2023, BBSI repurchased 45,800 shares in the fourth quarter at an average price of $111.38.

BBSI Sets Fourth Quarter and Full Year 2023 Conference Call for Wednesday, February 28, 2024, at 5:00 p.m. ET

Retrieved on: 
Wednesday, February 14, 2024

The company will report its financial results in a press release prior to the conference call.

Key Points: 
  • The company will report its financial results in a press release prior to the conference call.
  • BBSI’s CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period.
  • If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.
  • A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through March 28, 2024.

BBSI Earns 2024 Great Place To Work Certification™

Retrieved on: 
Tuesday, January 9, 2024

Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

Key Points: 
  • Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
  • "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work.
  • We celebrate all their hard work supporting business owners and creating the amazing culture that helped us achieve this incredible recognition.”
    According to Great Place To Work® research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace.
  • Check out our Great Place To Work® certified company profile to learn more about what our employees are saying.

BBSI Reports Strong Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

VANCOUVER, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • - Q3 2023 Net Income of $18.2 Million, or $2.68 per Diluted Share -
    VANCOUVER, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the third quarter ended September 30, 2023.
  • “We continued to generate strong results from our expanding client base and on-going roll-out of BBSI Benefits,” said BBSI President and CEO, Gary Kramer.
  • We also continued to see positive results in our pricing and cost management strategies, resulting in strong, sustainable earnings growth.”
    Revenues in the third quarter of 2023 decreased 0.2% to $273.3 million compared to $273.8 million in the third quarter of 2022.
  • BBSI now expects the following for 2023:
    BBSI will conduct a conference call on Wednesday, November 1, 2023, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the quarter ended September 30, 2023.

BBSI Sets Third Quarter 2023 Conference Call for Wednesday, November 1, 2023, at 5:00 p.m. ET

Retrieved on: 
Wednesday, October 18, 2023

The company will report its financial results in a press release prior to the conference call.

Key Points: 
  • The company will report its financial results in a press release prior to the conference call.
  • BBSI’s CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period.
  • If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.
  • A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through December 1, 2023.

BBSI Reports Strong Second Quarter 2023 Financial Results and Announces New $75 Million Stock Repurchase Program

Retrieved on: 
Wednesday, August 2, 2023

VANCOUVER, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Second Quarter 2023 Financial Summary vs. Year-Ago Quarter
    Revenues up 1% to $264.6 million.
  • “In the second quarter, we continued to exceed expectations by adding net new clients and expanding benefits sales,” said BBSI President and CEO, Gary Kramer.
  • Net income for the second quarter of 2023 was $17.0 million, or $2.47 per diluted share, compared to $18.0 million, or $2.48 per diluted share, in the year-ago quarter.
  • Continuing under the Company’s stock repurchase program established in February 2022, BBSI repurchased 123,361 shares at an average price of $82.23 per share in the second quarter.

BBSI Sets Second Quarter 2023 Conference Call for Wednesday, August 02, 2023, at 5:00 p.m. ET

Retrieved on: 
Wednesday, July 19, 2023

The company will report its financial results in a press release prior to the conference call.

Key Points: 
  • The company will report its financial results in a press release prior to the conference call.
  • BBSI’s CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period.
  • If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.
  • A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through September 02, 2023.