BGSF shares surge 10.09% premarket after announcing $5M stock buyback program.

Friday, Nov 7, 2025 8:46 am ET1min read
BGSF--
BGSF surged 10.09% in premarket trading following the announcement of a $5 million stock buyback program alongside improved Q3 2025 financial results. The company reported a narrowed net loss of $3.1 million (vs. $4.9 million in Q2) and a return to positive Adjusted EBITDA of $1.0 million (3.6% margin), driven by seasonal demand and cost alignment. The buyback, approved by the Board, reflects confidence in the stock’s value and aligns with a prior $2-per-share special dividend paid in September. These capital return initiatives, combined with sequential revenue growth to $26.9 million and progress in post-division sale transition services, signaled stronger operational leverage and strategic focus on property management, fueling the premarket rally.

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