Quarterly ResultAug 5, 2026, 05:14 PM
BGSF Q2 Revenue $22.3M, Net Loss Narrows to $0.8M
AI Summary
BGSF, Inc. reported Q2 2026 financial results with revenues of $22.3 million, a decrease from $23.5 million in the prior year quarter. Despite lower revenues, the company significantly narrowed its net loss to $0.8 million, or $(0.08) per diluted share, compared to a net loss of $4.5 million, or $(0.41) per diluted share, in Q2 2025. Management highlighted streamlining operations, cost reductions, and the growing momentum of its PropTech services strategy.
Key Highlights
- Q2 2026 revenues were $22.3 million, down from $23.5 million year-over-year.
- Gross profit for Q2 2026 was $7.9 million, compared to $8.4 million year-over-year.
- Net loss significantly narrowed to $0.8 million from $4.5 million in Q2 2025.
- Diluted EPS improved to $(0.08) from $(0.41) in the prior year quarter.
- Adjusted EBITDA loss improved to $0.3 million from $1.2 million year-over-year.
- Adjusted EPS loss improved to $(0.02) from $(0.10) in Q2 2025.
- Company streamlined operations and reduced selling, general, and administrative expenses.
- PropTech services strategy is gaining momentum and building a solid sales funnel.
Price Impact
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