TrueBlue Reports Fourth Quarter Loss

TrueBlue Inc. (TBI) reported a net loss of $11.7 million, or 40 cents per share, for the fourth quarter of 2023. Adjusted for non-recurring and amortization expenses, the loss was 2 cents per share.

Revenue for the quarter totaled $386 million, a decrease compared to the previous year.

For the full year, the company reported a net loss of $125.7 million, or $4.17 per share. Revenue for the year was $1.57 billion.