Barrett reports higher second-quarter profits

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Barrett Business Services Inc. on Wednesday reported a second-quarter profit of $5.9 million. That compares with a profit of $3.7 million in the April-to-June period of 2012. The Vancouver-based supplier of staffing and outsourced human resources services posted net revenues of $128.8 million in the second quarter, a year-over-year increase of 35 percent.

"We continue to see our strong referral channels drive new business, increased organic growth from existing clients and heightened brand awareness within our markets," Michael Elich, president and CEO of Barrett, said in a news release.