BG Staffing reports Q2 EPS (19c) vs. (4c) last year
Q2 Financial Performance: BGSF reported a revenue of $23.5 million for Q2, down from $25.7 million the previous year.
Business Transition Plans: The sale of BGSF's Professional division to INSPYR is progressing, with a special shareholder meeting scheduled for September 4th to vote on the transaction, followed by a Transition Service Agreement to assist INSPYR post-sale.
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BGSF: Overview of Q3 Earnings
Company Financial Performance: BGSF, Inc. reported a loss of $5.8 million in its third quarter, translating to a loss of 52 cents per share, with adjusted losses of 28 cents per share when accounting for discontinued operations.
Revenue and Stock Performance: The staffing company generated revenue of $26.9 million during the quarter, while its stock price has significantly declined from $7.70 a year ago to $3.27.
BG Staffing announces a special dividend of $2.00
Special Dividend Announcement: BG Staffing (BGSF) has declared a special dividend of $2.00 per share.
Payment Details: The dividend is payable on September 30, with shareholders of record on September 23, and the ex-dividend date is October 1.
