Detail akcie Barrett Bus Serv online

Business Summary: Barrett Business Services, Inc. is a provider of business management solutions for small and mid-sized companies. It has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It operates a decentralized delivery model using operationally focused business teams, typically located approximately 50 miles from its client companies. It offers two services: professional employer services (PEO) and staffing. Under PEO, it establishes to a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers compensation and benefits coverage (if elected) and certain other administrative functions for the clients existing workforce. The staffing services include on-demand or short-term staffing assignments, contract staffing, direct placement, and long-term or indefinite-term on-site management.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Barrett Business Services Inc revenues increased 1% to $1.07B. Net income increased 7% to $50.6M. Revenues reflect Professional employer services increase of 5% to $982.3M. Net income benefited from Investment income increase of 33% to $8.6M (income). Dividend per share remained flat at $1.20. Basic Earnings per Share excluding Extraordinary Items increased from $6.63 to $7.52.