BGSF, INC. (BGSF) Form 8-K — Nov 4, 2026
BGSF reported Q3 2026 revenues of $25.1 million, down about 7% from $26.9 million a year earlier, driven by lower billable hours and cautious customer spending in its Property Management staffing business. The bottom line improved sharply: the company swung to net income of $0.1 million ($0.01 diluted EPS) from a $3.1 million loss (-$0.28 EPS) in the prior-year quarter, helped by reductions in SG&A and interest expense. Adjusted EBITDA was $0.9 million (3.4% margin) and Adjusted EPS from continuing operations rose to $0.09 from $0.08.
Key figures
- Eps
- 0.01
- Revenue
- 25129000
- Net Income
- 94000
- Revenue Yoy
- -6.6%
- Gross Profit
- 9083000
- Ytd revenue
- $68.3M vs $71.3M prior year
- Gross margin
- 36.1% vs 35.9% prior year
- Total assets
- $53.6M
- Ytd net loss
- -$961K vs -$10.27M prior year
- Adjusted ebitda
- $0.9M (3.4% of revenue) vs $1.0M prior year
- Operating income
- $206K vs -$937K prior year
- Share repurchases
- $1.3M in YTD 2026
- Cash and equivalents
- $9.3M plus $8.6M short-term investments
- Adjusted eps continuing
- $0.09 vs $0.08 prior year
- Total stockholders equity
- $46.4M
AI analysis
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