Bgsf, INC 10-Q quarterly reports

BGSF Inc. reported a decrease in revenue and an increase in net loss for the second quarter of 2026, driven by lower demand and increased competition, while continuing its strategic alternatives review.

BGSF, Inc. completed the sale of its Professional segment for $91.5 million, used proceeds to pay off all outstanding debt, and declared a $2.00 special cash dividend.

BGSF, Inc. reported a significant net loss in its second fiscal quarter, driven by declining revenues in its continuing operations and increased strategic review costs, while announcing the critical sale of its Professional segment to address debt non-compliance.

BGSF Inc. secures a waiver and amendment to its credit agreement, extending the deadline for a $2 million cash equity contribution while navigating a strategic alternatives review.

BGSF, Inc. reported a sequential revenue increase in Q3 2024, driven by a strong performance in its Property Management segment, while the Professional segment showed signs of stabilization.

BGSF Inc. experienced a decrease in revenue and a net loss for the second quarter of 2024, while also initiating a strategic alternatives review.

BGSF Inc. reported a net loss of $792,000 for the first quarter of 2024, with revenue declining to $68.8 million, and announced a strategic review process.