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BARRETT BUSINESS SERVICES (BBSI)

Earnings summaries and quarterly performance for BARRETT BUSINESS SERVICES.

Recent press releases and 8-K filings for BBSI.

BBSI Reports Strong Q3 2025 Results with Record Worksite Employee Growth
BBSI
Earnings
Guidance Update
Share Buyback
  • BBSI reported strong Q3 2025 financial results, with gross billings increasing 8.6% to $2.32 billion and net income per diluted share growing 7% to $0.79.
  • The company achieved a record number of Worksite employees (WSEs), with total WSE growth of 6.1% driven by 10,400 new WSEs from new clients, despite a slowdown in client hiring in California.
  • BBSI continued to expand its health insurance offering, BBSI Benefits, adding approximately 1,300 participants in Q3 2025 and reaching over 20,000 total participants across 750 clients through October.
  • The company returned capital to shareholders by repurchasing $8 million of shares at an average price of $47 per share and paying $2.1 million in dividends during Q3 2025.
  • BBSI updated its full-year 2025 outlook, projecting gross billings growth between 8.5% and 9.5% and WSEs to increase between 6% and 8%.
Nov 5, 2025, 10:00 PM
BBSI Reports Strong Q3 2025 Financial Results, Declares Dividend, and Continues Share Buyback
BBSI
Earnings
Dividends
Share Buyback
  • BBSI reported revenues of $318.9 million for the third quarter of 2025, an 8% increase compared to the prior year, with net income rising to $20.6 million, or $0.79 per diluted share.
  • Gross billings increased 9% to $2.32 billion in Q3 2025, primarily due to a 6% increase in average worksite employees (WSEs) from net new clients.
  • The company's Board of Directors declared a regular quarterly cash dividend of $0.08 per share, payable on December 5, 2025, to stockholders of record as of November 21, 2025.
  • Under a new $100 million repurchase program authorized in August 2025, BBSI repurchased $7.5 million of stock in Q3 2025, with approximately $92.5 million remaining available.
  • For the full year 2025, BBSI expects gross billings growth of 8.5% to 9.5% and average WSEs growth of 6% to 8%.
Nov 5, 2025, 9:09 PM
BBSI Q1 2025 Financial & Operational Update
BBSI
Earnings
Guidance Update
Product Launch
Dividends
Share Buyback
  • Revenues increased 10% to $292.6M with gross billings rising to $2.09B, marking a strong topline performance .
  • Achieved a record Q1 performance with robust client retention, new client adds, and 7.6% growth in worksite employees .
  • Reported mixed operational outcomes with a 10% decline in staffing revenues and a Q1 net loss of $1.0M .
  • Implemented strategic capital allocation through a $9M share repurchase under a $75M program, a cash dividend of $2.1M, and declaration of a $0.08 per share dividend payable on June 6, 2025 .
  • Drove product innovation with the rollout of BBSI Benefits and the launch of an applicant tracking system, alongside maintaining guidance for 7%-9% billings growth and 4%-6% WSE growth amid economic uncertainty .
May 7, 2025, 9:01 PM

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