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Bgsf Inc - BGSF STOCK NEWS

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BGSF, Inc. (NYSE: BGSF) is a nationwide leader in strategic workforce solutions, headquartered in Plano, Texas. BGSF provides a comprehensive range of workforce solutions to various industries through its family of professional staffing companies, bringing over 100 years of combined experience. The company operates primarily in two segments: Property Management and Professional.

In the Property Management segment, BGSF offers office and maintenance talent to clients, facilitating their staffing needs with both short-term and consulting solutions. Brands like BG Multifamily deliver front office and maintenance temporary talent for apartment communities, ensuring streamlined operations and tenant satisfaction.

The Professional segment is diversified, offering specialized staffing solutions in several key areas. InStaff provides end-to-end workforce and onsite management solutions for warehousing, manufacturing, administration, and call centers. Donovan & Watkins focuses on accounting & finance, HR, engineering, legal, and administrative talent. Smart Resources Accountable Search targets accounting & finance and administrative roles. American Partners and Extrinsic specialize in EPM, CPM, and ERP solutions, with a focus on Oracle, Hyperion, PeopleSoft, Workday, and SAP.

Moreover, Vision Technology Services provides IT consulting and project management services, engaging with Fortune 500 companies and consulting firms nationwide. BGSF's workforce services include on-demand assignments, consulting, and managed solutions, allowing clients to flexibly manage their workforce needs.

With a strategic approach to converting fixed personnel costs to variable expenses, BGSF enables companies to effectively address fluctuations in demand while optimizing costs. This approach has made BGSF a valuable partner for businesses seeking to streamline their workforce strategies and enhance productivity.

Recent Achievements and Current Projects:

  • Expansion of service offerings in the IT segment with new partnerships and technologies.
  • Recent accolades for client satisfaction in property management staffing solutions.
  • Increased focus on sustainable and inclusive hiring practices across all segments.
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BGSF, Inc. to release Q3 fiscal 2023 results on November 8, 2023
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BGSF announces 35th consecutive quarterly dividend of $0.15 per share. Q2 revenues of $80.8 million, up 9%. Gross profit up 18% to $29.6 million. Net income of $2.6 million. Adjusted EBITDA of $7.5 million. Positive growth in revenues and profitability.
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BGSF, Inc. (NYSE: BGSF) has been named in the Staffing Industry Analysts (SIA) U.S. 2023 lists, ranking 121 out of 251 total firms in its Largest Staffing Firm list and 52 out of 71 total firms in its Largest IT Staffing Firm list. This recognition reflects BGSF's commitment to expanding its scale and platform to better serve customers in consulting, managed services, and professional workforce solutions, as well as nearshore and offshore IT resources.
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BGSF, Inc. (NYSE: BGSF) has announced the acquisition of substantially all assets of Arroyo Consulting LLC, a firm specializing in IT and software development. Arroyo reported approximate revenues of $16.2 million in 2022. This strategic acquisition enables BGSF to enhance its global delivery capabilities and expand its presence in Latin America and India, adding nearshore and offshore locations. The deal adds over 300 skilled professionals to BGSF's talent pool and enhances pricing flexibility, meeting increasing customer demand for nearshore and offshore solutions. BGSF aims to leverage Arroyo's expertise to diversify and strengthen its managed services and consulting offerings.

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FAQ

What is the current stock price of Bgsf (BGSF)?

The current stock price of Bgsf (BGSF) is $4.9 as of February 28, 2025.

What is the market cap of Bgsf (BGSF)?

The market cap of Bgsf (BGSF) is approximately 54.5M.

What does BGSF, Inc. specialize in?

BGSF, Inc. specializes in providing strategic workforce solutions across various industries, including property management, IT, accounting, and finance.

Where is BGSF, Inc. headquartered?

BGSF, Inc. is headquartered in Plano, Texas.

What are the main segments of BGSF's business?

BGSF operates primarily in two segments: Property Management and Professional.

What services does BG Multifamily offer?

BG Multifamily provides front office and maintenance temporary talent for apartment communities.

Which industries does InStaff cater to?

InStaff offers workforce and onsite management solutions for warehousing, manufacturing, administration, and call centers.

What kind of IT solutions does BGSF provide?

BGSF provides IT solutions through Vision Technology Services, including consulting and project management for technologies like SAP and Workday.

What are some recent achievements of BGSF?

Recent achievements include the expansion of IT service offerings, accolades for client satisfaction in property management, and a focus on sustainable hiring practices.

How does BGSF help companies manage workforce costs?

BGSF helps companies by converting fixed personnel costs to variable expenses, allowing for better management of workforce needs and cost optimization.

What kind of talent does Donovan & Watkins provide?

Donovan & Watkins specializes in accounting & finance, HR, engineering, legal, and administrative talent.

Which technologies do American Partners and Extrinsic specialize in?

American Partners and Extrinsic specialize in EPM, CPM, and ERP solutions, focusing on Oracle, Hyperion, PeopleSoft, Workday, and SAP.
Bgsf Inc

NYSE:BGSF

BGSF Rankings

BGSF Stock Data

54.46M
10.40M
5.46%
33.5%
0.26%
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