Barrett Business Services plunges 17% after missing Q1 expectations
Barrett Business Services, Inc. (Nasdaq:BBSI) shares are plunging more than 17% after the human resource management company posted first-quarter revenue of $259.6 million, up 1% from $257.5 million. Wall Street analysts expected $276.4 million in revenue.
In Thursday afternoon trading, BBSI shares are plummeting 17.01%, or $2.59, at $12.64. For detailed price information and recent news stories about Barrett Business Services, click BBSI.
About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau.
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