Third-quarter revenue at BGSF Inc. (NYSE: BGSF) rose 6.3% year over year, and gross margin improved. President and CEO Beth Garvey said the company was able to focus on controllable initiatives despite the challenging macroeconomic environment.

“Our performance for the third quarter reflects the continued progression of our long-term strategic plans to grow through a combination of organic and inorganic revenues and by diversifying into higher-value, specialized property management and professional consulting that drive improving gross margins,” Garvey said.

The Plano, Texas-based staffing firm reported growth in its property management staffing business rose by 8.2% on an organic basis, while professional staffing revenue rose by 5.0%, including acquired revenue. The growth in professional staffing revenue was partially offset by an organic contraction of 20.6%.

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Share price

Shares in BGSF were up 2.73% to $9.75 as of 1:18 p.m. Eastern time today; they were 10.16% above their 52-week low, according to FT.com.