TBI

The post-earnings bull case is that Q1 kept the prior stabilization narrative alive: 8% reported growth, 7% organic growth, strong skilled vertical commentary, $13 million of annualized new business wins in on-site operations, lower SG&A, and a Q2 revenue guide that still implies growth if market conditions hold. Sparse secondary coverage also suggested only a modestly positive initial market reaction rather than a rejection of the quarter.