QualityStocks'  Instablog

Send Message
QualityStocks (www.qualitystocks.net) assists publicly traded companies by getting their story out to the investment community while helping investors discover emerging companies with plenty of growth potential. Our name, QualityStocks, emphasizes our commitment to connect subscribers with... More
My company:
My blog:
QualityStocks Micro-Cap and Small-Cap Blog
  • Barrett Business Services, Inc. (BBSI) Reports Third Quarter Results 0 comments
    Oct 27, 2010 10:57 AM | about stocks: BBSI

    Barrett Business Services, Inc. reported strong year over year increases in net income and sales in the third quarter of 2010, ending September 30, 2010.

    Barrett Business Services, Inc. reported net income of $3.7 million, or $0.36 per diluted share, in the third quarter of 2010, compared to net income of $2.9 million, or $0.28 per diluted share, in the corresponding quarter of 2009.

    Net sales also came in higher for Barrett Business Services, Inc., with reported net sales of $73.9 million in the third quarter of 2010, compared to $65.5 million in last year’s third quarter.

    Barrett Business Services, Inc. is required to report net sales because the company does not have a primary obligation in the Professional Employer Organization segment. The company said that gross sales, which is a non GAAP reporting item, also increased on a year over year basis, from $273 million in the third quarter of 2009, to $333 million in the quarter that just ended.

    Barrett Business Services, Inc. issued financial guidance for the final quarter of 2010. The company expects gross sales to be in a range from $321 million to $326 million, and diluted earnings per share to range from $0.28 to $0.32 per share.

    For more information on the company, go to barrettbusiness.com

    Please see disclaimer on QualityStocks website: disclaimer.qualitystocks.net

    Disclosure: no positions

    Stocks: BBSI
Back To QualityStocks' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.