Daily News

View All News

BG Staffing previews earnings, revenue up 17% in 2016

February 17, 2017

BG Staffing Inc. (NYSE MKT: BGSF) expects to report full-year 2016 revenue increased 16.7% from 2015 to $253.9 million, the company announced in an earnings preview today.

The Plano, Texas-based staffing firm expects income to be up 28.7% year over year to $6.9 million when it files audited year-end financial results on March 6.

“I am pleased to report these record results and am very proud of the outstanding work our teams did in order to achieve them,” said CEO L. Allen Baker Jr.

BG Staffing provides staffing in three segments: professional, commercial and multifamily (front-office and maintenance personnel to the multi-family housing industry). The company acquired the Donovan & Watkins (D&W) division of the Willis Group in the first quarter of 2015 and substantially all of the assets of the Vision Technology Services family of companies in the fourth quarter of 2015.