Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from Trueblue ( (TBI) ).
TrueBlue reported its fourth quarter and full-year 2024 financial results, highlighting a revenue decrease to $386 million for the quarter, down from $492 million in the same period the previous year, attributed to a comparable 13-week basis. The company experienced a net loss of $12 million, while adjusting its EBITDA performance upward compared to the prior year. Notably, TrueBlue acquired Healthcare Staffing Professionals, Inc. for $42 million on January 31, 2025, indicating its strategic focus on expanding in high-growth markets and enhancing profitability.
More about Trueblue
TrueBlue is a leading provider of specialized workforce solutions designed to enhance business growth and productivity. It operates through its PeopleReady segment for on-demand industrial staffing, PeopleScout for recruitment process outsourcing and managed service provider solutions, and PeopleManagement for contingent industrial staffing and commercial driver services. Additionally, its Healthcare Staffing Professionals division focuses on long-term and permanent staffing primarily in healthcare positions.
YTD Price Performance: -5.87%
Average Trading Volume: 150,454
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $218.1M
See more data about TBI stock on TipRanks’ Stock Analysis page.
