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News / Business / Business Briefs

Barrett Business Services reports 4th quarter earnings of $11.7 million

By Associated Press
Published: February 26, 2020, 4:03pm

Barrett Business Services Inc. (BBSI) on Tuesday reported fourth-quarter earnings of $11.7 million.

On a per-share basis, the Vancouver-based company said it had profit of $1.51.

The human resources management company posted revenue of $245.2 million in the period. Its adjusted revenue was $1.59 billion.

For the year, the company reported profit of $48.3 million, or $6.27 per share. Revenue was reported as $5.97 billion.

Barrett expects full-year earnings to be $5.05 per share.

Barrett shares closed down more than 16 percent on Wednesday, at $65.47, a drop of $12.85.

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