<p><strong id="dateline">DALLAS, TX / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> ...

BGSF

BGSF, Inc. Reports First Quarter 2026 Financial Results

BGSF Reports Q1 2026 Financial Results with Narrowed Losses

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p&gt;&lt;strong id=&quot;dateline&quot;&gt;DALLAS, TX / &lt;a href=&#039;https://www.accessnewswire.com/&#039;&gt;ACCESS Newswire&lt;/a&gt; ...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BGSF&#039;s Q1 2026 results show revenues steady at $20.9M, with net losses reduced to $1.4M. The company completed its Transition Services Agreement, streamlining operations, and aims for low- to mid-single-digit revenue growth this year, supported by operational improvements and a strong balance sheet.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BGSF reported $20.9M in Q1 2026 revenues, flat YoY.</li><li>Gross profit decreased to $7.4M from $7.6M last year.</li><li>Net loss narrowed to $1.4M from $2.3M YoY.</li><li>Adjusted EBITDA loss improved by 50% YoY to $0.5M.</li><li>Company expects low- to mid-single-digit revenue growth for 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Inspyr (N/A)</strong>: BGSF concluded its Transition Services Agreement, improving operational focus.</li><li><strong>National Apartment Association (N/A)</strong>: BGSF was recognized as Supplier Company of the Year, enhancing brand reputation.</li></ul>
  </section>

  <section data-block="category">
    <h3>Earnings</h3>
    <p>This article falls under &#039;Earnings&#039; as it discusses BGSF&#039;s quarterly financial performance, which is crucial for investors assessing ongoing profitability and strategic shifts post-rebranding.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>BGSF&#039;s improved financials could attract investor interest and drive stock price up.</li><li>Successful transition to standalone operations may enhance profitability metrics going forward.</li><li>Weather-related impacts on demand are expected to stabilize, potentially boosting future revenue.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Q1 2026 Revenues: $20.9 million, YoY unchanged.</li><li>Q1 2026 Net Loss: $1.4 million, improved from $2.3 million.</li><li>Adjusted EBITDA loss decreased to $0.5 million from $1.0 million YoY.</li><li>Gross Profit Margin dropped slightly to 35% from 36% in the prior year.</li><li>Company remains debt-free with ongoing cost control strategies.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>BGSF appears positioned for gradual recovery; consider buying for mid-term gains.</p>
  </section>
</section>


<article>
    <header>
        <h1>BGSF, Inc. Reports First Quarter 2026 Financial Results</h1>
        <p><strong>DALLAS, TX / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / May 6, 2026</strong></p>
    </header>
    <section>
        <p>BGSF, Inc. (<u>NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BGSF">BGSF</a></u>), a prominent provider of workforce solutions for the specialized property management sector, has announced its financial results for the first fiscal quarter that ended on March 29, 2026. The company's performance reflects stability in revenue amidst ongoing challenges in the industry.</p>
    </section>
    <section>
        <h2>Q1 2026 Financial Highlights</h2>
        <ul>
            <li><strong>Revenues:</strong> $20.9 million, unchanged compared to the same period last year.</li>
            <li><strong>Gross Profit:</strong> $7.4 million, a slight decrease from $7.6 million year-over-year, influenced by a lower gross margin percentage.</li>
            <li><strong>Net Loss:</strong> $1.4 million, or $0.13 per diluted share, improving from a net loss of $2.3 million, or $0.21 per diluted share, in the previous year.</li>
            <li><strong>Adjusted EBITDA:</strong> Loss of $0.5 million (3% of revenues), a significant reduction from a loss of $1.0 million (5% of revenues) in the prior year.</li>
            <li><strong>Adjusted EPS:</strong> Loss of $0.06 compared to a loss of $0.09 in the same quarter last year.</li>
        </ul>
    </section>
    <section>
        <h2>Summary of Financial Performance</h2>
        <p>The financial results from continuing operations, reported in thousands of dollars, are as follows:</p>
        <table>
            <thead>
                <tr>
                    <th>Fiscal Period Ended</th>
                    <th>March 29, 2026</th>
                    <th>March 30, 2025</th>
                </tr>
            </thead>
            <tbody>
                <tr>
                    <td>Revenues</td>
                    <td>$20,881</td>
                    <td>$20,883</td>
                </tr>
                <tr>
                    <td>Gross Profit</td>
                    <td>$7,410</td>
                    <td>$7,560</td>
                </tr>
                <tr>
                    <td>Gross Profit Percentage</td>
                    <td>35%</td>
                    <td>36%</td>
                </tr>
                <tr>
                    <td>Operating Loss</td>
                    <td>$(1,553)</td>
                    <td>$(1,772)</td>
                </tr>
                <tr>
                    <td>Net Loss</td>
                    <td>$(1,389)</td>
                    <td>$(2,329)</td>
                </tr>
                <tr>
                    <td>Net Loss per Diluted Share</td>
                    <td>$(0.13)</td>
                    <td>$(0.21)</td>
                </tr>
            </tbody>
        </table>
        <p>These results demonstrate BGSF's commitment to improving operational efficiency despite facing losses. The adjusted EBITDA and EPS figures indicate a positive trend towards profitability.</p>
    </section>
    <section>
        <h2>Outlook and Implications</h2>
        <p>As BGSF continues to navigate the evolving landscape of the property management industry, the company remains focused on leveraging its strengths to enhance its service offerings and capture market opportunities. Investors and stakeholders will be monitoring future developments closely as the firm aims for growth and profitability.</p>
    </section>
</article>

BGSF's Q1 2026 results show revenues steady at $20.9M, with net losses reduced to $1.4M. The company completed its Transition Services Agreement, streamlining operations, and aims for low- to mid-single-digit revenue growth this year, supported by operational improvements and a strong balance sheet.

BGSF, Inc. Reports First Quarter 2026 Financial Results

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Earnings

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