<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Monday, March 18, 2024
March 18, 2024

Linkedin Pinterest

Barrett Business Services returns to profitability

The Columbian
Published:

Vancouver — Barrett Business Services Inc. has posted a first-quarter profit of $5.5 million, or 54 cents per diluted share. That compares with a loss of $1.7 million, or 16 cents per diluted share, during the same period a year ago.

The human resources company’s first-quarter revenue was $68.8 million, up 18 percent year-over-year. First-quarter income included $10 million in proceeds from a life insurance policy the company carried on president and CEO William Sherertz, who died Jan. 20. Barrett provides temporary staffing services as well as human resource needs for small- to medium-sized businesses.

Loading...