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News / Business / Business Briefs

Barrett Business Services reports second-quarter earnings

By Associated Press
Published: August 7, 2019, 5:46pm

VANCOUVER — Barrett Business Services Inc. (BBSI) on Tuesday reported second-quarter net income of $13.9 million.

On a per-share basis, the Vancouver-based company said it had net income of $1.81.

The human resources management company posted revenue of $231 million in the period. Its adjusted revenue was $1.46 billion.

Barrett expects full-year earnings to be $5.40 per share.

Barrett shares have increased 49 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $85.04, a decline of 9 percent in the last 12 months.

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