BGSF: Fourth Quarter Financial Highlights

BGSF, Inc. Reports Fourth Quarter and Annual Financial Results

BGSF, Inc., headquartered in Plano, Texas, announced a net loss of $1.2 million for the fourth quarter.

The company recorded a quarterly loss of $0.10 per share, or $0.11 per share after adjusting for discontinued operations.

During this quarter, BGSF generated $22 million in revenue.

For the full year, BGSF's net loss expanded to $11.4 million, translating to a loss of $1.04 per share, with total annual revenue reaching $93.3 million.

Despite these losses, BGSF's stock price has increased by 35% since the start of the year. At the close of trading on Wednesday, shares were valued at $6.25, marking a 54% rise over the past year.