on BGSF, INC. (NASDAQ:BGSF)
BGSF, Inc. Announces Second Quarter 2025 Financial Results
BGSF, Inc., a leader in workforce solutions, reported its financial results for Q2 2025, ending June 29. Revenues increased by 12.6% from the first quarter, reaching $23.5 million, driven by higher billed hours due to seasonal demand. Gross profit also saw an uplift to $8.4 million from $7.6 million last quarter.
Despite these improvements, the company reported a net loss of $4.9 million, or $0.44 per diluted share, compared to a $2.2 million loss in Q1. The adjusted EBITDA loss was $1.1 million, representing 4.9% of revenues. This loss aligns with strategic cost adjustments and seasonal transitions.
The company is moving forward with the sale of its Professional Division to INSPYR Solutions, expecting post-transaction financial volatility. Strategic initiatives include cost realignment and implementing AI-powered tools to improve operations.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all BGSF, INC. news