
BGSF Inc reports results for the quarter ended September 30 - Earnings Summary

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BGSF Inc reported a quarterly adjusted loss of 52 cents per share for the quarter ended September 30, significantly worse than the expected loss of 29 cents. Revenue dropped 62.2% to $26.90 million, below the anticipated $25.50 million. The company incurred a total loss of $5.81 million, with shares falling 35.9% this quarter. Despite the poor performance, analysts maintain a "strong buy" rating, with a median 12-month price target of $10.50, indicating a potential upside of 68.9% from the last closing price of $3.27.

