Revenue Update on BG Staffing Inc(NYSEMKT:BGSF)

BG Staffing Inc(NYSEMKT:BGSF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 1, 2016. Company reported revenue of $62.62M. Analysts estimated a revenue of $64.73M. Earnings per share were $0.29. Analysts had estimated an EPS of $0.40.

BG Staffing Inc. is a temporary staffing company. The Company provides temporary staffing services to a range of customers that are seeking to match their workforce requirements to their business needs. The Company’s operations are organized into three segments: Light Industrial Multifamily and IT Staffing. The Company’s Light Industrial segment provides temporary workers primarily to distributions and logistics customers needing a flexible workforce in Illinois Wisconsin Texas Tennessee and Mississippi. The Company’s Multifamily segment provides front office and maintenance personnel on a temporary basis to various apartment communities in Texas and other states through property management companies responsible for the apartment communities’ day to day operations. The Company’s IT Staffing segment provides skilled contract labor on a nationwide basis for information technology (IT) implementation and maintenance projects.

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