BGSF, Inc., a provider of workforce solutions through its Property Management segment, reported its financial results for the second fiscal quarter ended June 29, 2025. Revenues for Q2 2025 were $23.5 million, marking a 12.6% increase compared to $20.9 million in Q1 2025. This rise was primarily attributed to increased billed hours driven by seasonal demand. The company's gross profit also rose to $8.4 million in Q2, up from $7.6 million in the previous quarter, due to higher sales. However, the company reported a net loss of $4.9 million for Q2, compared to a net loss of $2.2 million in Q1. Adjusted EBITDA loss was $1.1 million, accounting for 4.9% of revenues in Q2, compared to a loss of $1.0 million, or 5.4% of revenues, in Q1. Furthermore, BGSF is in the process of selling its Professional division to INSPYR, with a special shareholder meeting scheduled for September 4th to vote on the transaction. Additionally, the company is investing in strategic initiatives such as AI-powered sales and recruiting tools, which are expected to be operational by the middle of the fourth quarter.
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