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BGSF(BGSF) - 2024 Q1 - Earnings Call Transcript
2024-05-11 23:38
George Melas A quick question on Workday. I'm trying to understand that better. Is this sort of a unique setup in the industry or have other software shops sort of set up sort of a similar system? And I'm trying to understand the person that will be on the Workday portal that Workday assigns will be your staff and will be paid by Workday. So Workday would be who pays you. Is that how the contract works? Beth Garvey Yes. Workday is now our customer in that scenario. George Melas And with this, I knew -- at t ...
BGSF(BGSF) - 2025 Q1 - Quarterly Report
2024-05-08 21:53
As a result of the economic uncertainty, we may need to make necessary changes to accounting policy judgments and estimates over time, which could result in meaningful impacts to our financial statements in future periods. Actual results and outcomes may differ from our estimates and assumptions. We derive our revenues from operations in our Property Management and Professional segments. We provide workforce solutions, placement services, and managed services. Revenues are recognized when promised workforce ...
BGSF(BGSF) - 2025 Q1 - Quarterly Results
2024-05-08 21:51
BGSF, Inc. Reports First Quarter 2024 Financial Results Generated $7.4 Million of Operating Cash Flow • Revenues were $68.8 million for 2024, compared to $75.3 million for 2023. Beth A. Garvey, Chair, President, and CEO, said, "Our first quarter results aligned with expectations, and we are encouraged by recent activity in higher-end consulting. The Professional division has experienced meaningful progress each month this year with IT consulting and other IT-related tool deployments, and we are benefiting f ...
BGSF(BGSF) - 2023 Q4 - Annual Report
2024-03-15 01:30
Upon dissolution of our company, you may not recoup all or any portion of your investment. • a classified board of directors with three-year staggered terms; • the ability of our board of directors to issue shares of preferred stock and to determine the price and other terms, including preferences and voting rights, of those shares without stockholder approval; • stockholder action can only be taken at a special or regular meeting and not by written consent except in limited circumstances; • advance notice ...
BGSF, Inc. Participating in the 36th Annual Roth Conference
Businesswire· 2024-03-14 20:00
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a growing provider of consulting, managed services, and professional solutions, today announced that Beth Garvey, Chair, President, and Chief Executive Officer, and John Barnett, Chief Financial Officer, will participate in the 36th Annual Roth Conference on March 18-19, 2024, in Laguna Niguel, CA. Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company’s investor relations contacts below. Ab ...
BGSF(BGSF) - 2023 Q4 - Earnings Call Transcript
2024-03-14 15:54
Beth Garvey Howard Halpern - Taglich Brothers Brian Kinstlinger - Alliance Global Partners Operator Now I'd like to turn the call over to Sandy Martin, Three Part Advisors. Ma'am, please go ahead. Thank you. Good morning, and welcome to the BGSF 2023 Fourth Quarter and Full Year Earnings Conference Call. With me on the call today are Beth Garvey, Chair, President and Chief Executive Officer; and John Barnett, Chief Financial Officer. After our prepared remarks, there will be a Q&A session. As noted, today's ...
BGSF, Inc. Reports Full Year and Fourth Quarter 2023 Financial Results
Businesswire· 2024-03-13 23:29
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a growing provider of consulting, managed services, and professional workforce solutions, today reported financial results for its fiscal year and fourth fiscal quarter ended December 31, 2023. Note: Fiscal 2023 financial results are on a 52-week year ended December 31, 2023, compared to Fiscal 2022 financial results on a 53-week year ended January 1, 2023. Full Year 2023 Highlights from Continuing Operations2,3: Revenues were $313.2 million, up 4. ...
BGSF(BGSF) - 2024 Q4 - Annual Results
2024-03-13 16:00
BGSF, Inc. Reports Full Year and Fourth Quarter 2023 Financial Results Record Full Year Revenues of $313.2 million, up 4.9% Generated $20.4 Million of Operating Cash Flow New Credit Facility Closed March 12, 2024 PLANO, Texas – (March 13, 2024) – BGSF, Inc. (NYSE: BGSF), a growing provider of consulting, managed services, and professional workforce solutions, today reported financial results for its fiscal year and fourth fiscal quarter ended December 31, 2023. Note: Fiscal 2023 financial results are on a 5 ...
BGSF's Beth Garvey Recognized as an Influential Leader in Staffing Industry Analysts (SIA) 2024 Staffing 100 North America List
Businesswire· 2024-02-29 13:00
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF) (“BGSF”), a growing provider of consulting, managed services, and professional workforce solutions, announced that Beth Garvey has recently been recognized by the Staffing Industry Analysts (SIA) Staffing 100 North America list as one of North America’s most influential staffing leaders for 2024. John Barnett, Chief Financial Officer at BGSF, stated, "Beth Garvey's leadership has been pivotal in shaping BGSF's culture and impact, both within our organi ...
BGSF Named a Workday Partner
Businesswire· 2024-02-21 21:15
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF) (“BGSF”), a growing provider of consulting, managed services, and professional workforce solutions, announced it has been named a Workday Partner. Workday (NASDAQ: WDAY) is a leading provider of enterprise cloud applications for finance and human resources. BGSF has consistently demonstrated its commitment to meeting customers' demands for Workday talent. Through a robust network of highly skilled consultants and an in-depth understanding of the Work ...