BGSF Q3 revenue falls to $25.1 million; continuing net income turns to $0.1 million
BGSF reported third quarter 2026 revenue of $25.1 million, down from $26.9 million a year earlier, which it attributed to lower billable hours. Net income from continuing operations was $0.1 million, or $0.01 per diluted share, compared with a loss of $3.1 million a year earlier, mainly because of lower selling, general and administrative expenses and interest expense. Shareholders get a mixed picture: sales declined while profit improved, and the filing gives no guidance.
Key points
- Q3 revenue was $25.1 million versus $26.9 million in the prior-year quarter.
- Continuing operations net income was $0.1 million ($0.01 per diluted share) versus a net loss of $3.1 million ($0.28 per share); selling, general and administrative expenses were $8.7 million versus $10.2 million.
- Adjusted EBITDA was $0.9 million (3.4% of revenue) versus $1.0 million (3.6%) a year earlier.
- Including discontinued operations, net income was $0.3 million ($0.03 per share) versus a net loss of $5.8 million a year earlier.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.