TrueBlue reported a 9% decrease in revenue to $591 million for Q4 2019, compared to $650 million in Q4 2018. Net income per diluted share decreased by 38% to $0.23, and adjusted net income per diluted share decreased by 36% to $0.39. The company is focusing on cost management and digital strategies to capture market share.
Revenue decreased by 9% to $591 million compared to Q4 2018.
Net income per diluted share decreased by 38% to $0.23.
Adjusted net income per diluted share decreased by 36% to $0.39.
The company is focused on cost management and digital strategies.
TrueBlue estimates revenue for the first quarter of 2020 will range from $503 million to $528 million. The company also estimates net loss per basic share will range from $0.07 to $0.00 and adjusted net income per diluted share will range from $0.04 to $0.11.
Visualization of income flow from segment revenue to net income
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