TrueBlue Q3 revenue rises 21% to $521 million as company returns to net profit
Key points
- Q3 revenue was $521 million, versus $431.3 million a year earlier.
- Net income was $9.2 million, or $0.28 per diluted share, versus a $1.9 million net loss a year earlier.
- Adjusted EBITDA was $20.7 million, versus $10.6 million; management will present at the JPM conference on November 17.
TrueBlue reported on November 4 that third-quarter revenue for the 13 weeks ended September 27 was $521 million, up from $431.3 million a year earlier, an increase of about 21%. Net income was $9.2 million, or $0.28 per diluted share, compared with a net loss of $1.9 million a year earlier. Adjusted EBITDA was $20.7 million, up from $10.6 million. Management will present results at the JPM services investor conference on November 17.
Original report: ad-hoc-news.de ↗AI-assisted brief; may contain inaccuracies. Rely on the original reports and official documents.