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Monday, March 4, 2024
March 4, 2024

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Vancouver-based Barrett reports 12% growth in revenue

By , Columbian staff writer

Vancouver-based Barrett Business Services reported Wednesday that net revenues grew 12 percent in its fiscal second quarter to $262.2 million.

Reported net income for the quarter was $18 million, compared with $17.1 million in the previous year. The company said in its report that it is debt free.

Barrett provides business management solutions, including human resource outsourcing and professional management consulting.

The company, trading on the Nasdaq market as BBSI, closed Wednesday at $80.75 per share, down 22 cents.