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Mar 31, 2024
TrueBlue Q1 2024 Earnings Report
Reported a decrease in revenue and a reduced net loss compared to the prior year period.
Key Takeaways
TrueBlue reported a 13% decrease in revenue to $403 million compared to the prior year period. The net loss was $2 million, an improvement from the $4 million net loss in the prior year period. The company is focused on strategic priorities including digital transformation and expanding into attractive end markets.
Revenue decreased by 13% to $403 million compared to the prior year period.
Net loss was $2 million, an improvement from the $4 million net loss in the prior year period.
Adjusted EBITDA was -$3 million and adjusted net income was $1 million.
The company has zero debt, $36 million in cash, and $140 million of borrowing availability.
Revenue by Segment
Forward Guidance
TrueBlue is providing forward-looking information in the quarterly earnings presentation.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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