Barrett Business Services Publishes Q3 2026 Earnings Call Transcript

• Barrett Business Services held its third-quarter 2026 earnings call with CEO Gary Kramer and CFO Anthony Harris.
• Management cut full-year average worksite employee growth guidance to 1%-2% from 2%-3%, citing continued softness in client hiring.
• Gross margin is now expected near the lower end of the unchanged 2.7%-2.75% range, reflecting fewer favorable workers' compensation adjustments.
• Third-quarter diluted earnings fell to $0.69 per share from $0.79 a year earlier; gross billings rose 3.2% to $2.4 billion.
• Full-year gross billings growth guidance remained at 3%-4%; October submissions for January 1, 2027, transactions increased approximately 55% year over year.

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