Barrett Business Services, Inc. (BBSI) Reports Higher Revenues in First Quarter of 2010
Barrett Business Services, Inc. reported a net loss in the first quarter of 2010 of $1.7 million, or $0.16 per diluted share. The company lost $3.2 million, or $0.30 per share, in the same quarter last year. Barrett Business Services, Inc. said that net revenues increased on a year over year basis, from $51.1 million in the first quarter of 2009 to $58.3 million in the quarter that just ended. Barrett Business Services, Inc. said that gross revenues, which exclude any contribution from the Professional Employer Organization segment, were $262.5 million, up from $227.8 million in the same quarter in…