$34.370
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Noticias de BBSI
Eventos de BBSI
BBSI Reaffirms 2026 Outlook with 3% to 5% Gross Billings Growth
BBSI reaffirms its outlook for 2026, including gross billings growth of 3% to 5%; Growth in the average number of WSEs of 2% to 4%; Gross margin as a percent of gross billings of 2.70% to 2.85%; and effective annual tax rate to remain at 26% to 27%.
Barrett Business Services Q1 Revenue Reaches $307.0M
Reports Q1 revenue $307.0M, consensus $304.94M. "BBSI delivered first quarter results in line with our expectations, supported by stable margins, benefiting from improved pricing. During the quarter, we also advanced a number of IT initiatives that strengthen our technology platform and position us for long-term growth. While our reported results reflect a non-recurring charge related to a recent U.S. Tax Court decision on prior-year tax credits, our underlying business trends remain consistent. We generated strong client additions during the quarter, partially offset by continued headwinds from client hiring. Accordingly, we are reiterating our full-year expectations," said Gary Kramer, President and CEO of Barrett Business Services.
Company Forecasts FY26 Gross Billings Growth of 3% to 5%
As part of its Q4 results last night, the company forecast FY26: "Gross billings growth of 3% to 5%. Growth in the average number of WSEs of 2% to 4%. Gross margin as a percent of gross billings of 2.70% to 2.85%."
BBSI Q4 Revenue at $321.1M, Slightly Below Expectations
Reports Q4 revenue $321.1M, consensus $323.43M. "BBSI closed 2025 with another quarter of solid execution, finishing in line with our earnings expectations and delivering one of our strongest years of controllable growth in recent history," said Gary Kramer, President and CEO of BBSI. "While fourth quarter same-customer sales trends moderated and revenue came in slightly below our expectations, our ability to drive new client wins and achieve 93% benefits retention reflects the strength of our client value proposition. As we enter 2026, we remain focused on disciplined growth, operational execution, and navigating evolving workers' compensation market dynamics to position BBSI for continued long-term success. We are also looking forward to advancing our technology roadmap in 2026, including several new IT product launches designed to strengthen our service model."
Barrett Business Services Launches Employee File Cabinet Module
Barrett Business Services announced the launch of its newest HRIS module within the BBSI Client Portal: Employee File Cabinet, a secure, centralized, and fully integrated digital repository for employee documents. Developed in collaboration with Box, the Employee File Cabinet leverages Box's enterprise-grade security and content management capabilities while giving BBSI clients and their employees a streamlined, single location to store, organize, and access critical HR documents.
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