Vancouver-based Barrett Business Services Inc. (BBSI), a provider of business management solutions, recently reported its financial results for the second quarter ended June 30, 2011.
The company reported total net revenue of $76 million, an increase of approximately $8.6 million or 12.8 percent over the $67.4 million for the same quarter in 2010.
Net income totaled $3.4 million, compared to $2.3 million for the second quarter of 2010. Diluted earnings per share were $.34, up from $.22 for the same quarter a year ago.
“We continue to make investments in infrastructure to support growth while looking to existing systems for improvement in efficiencies within operations and to support existing pipelines of new business opportunities," said Michael L. Elich, president and CEO of BBSI.
