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Kelly Services Inc, founded in 1946, is a global specialty talent solutions provider with a focus on investing in people. Offering workforce solutions, consulting, and staffing services worldwide, Kelly operates in five business segments, including Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. With recent acquisitions like Motion Recruitment Partners, Kelly continues to expand its market-leading solutions portfolio, enhancing revenue growth potential and accelerating EBITDA margin expansion. The company's strategic focus on specialty outcome-based services and global RPO and MSP solutions underscores its commitment to delivering tailored staffing solutions to meet evolving workforce challenges.
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American Education Week: Importance of Supporting U.S. Schools and Institutions
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Kelly - Recognized as 2024 Military Friendly® Employer and Military Friendly® Spouse Employer. The company has been honored for its commitment to recruiting and promoting veterans and their spouses. Kelly partners with various military organizations and has hired more than 6,600 veterans in 2023.
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Kelly (Nasdaq: KELYA, KELYB) announced break-even Q3 operating earnings, up 60% to $15.5 million on an adjusted basis. Q3 revenue down 4.3% or 5.8% in constant currency. Adjusted EBITDA margin increased to 2.3% from 1.6% in the prior year due to reduced operating expenses. Sale of European staffing operations and growth initiatives expected to drive further margin expansion.
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Kelly, a global specialty talent solutions provider, has entered into an agreement to sell its European staffing business to Gi Group Holdings for up to €130 million. The transaction is expected to close in Q1 2024. Kelly will retain its managed service provider, recruitment process outsourcing, and functional service provider business in the EMEA region. The sale will enable Kelly to focus on higher margin, higher growth solutions and unlock capital for organic and inorganic growth.
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Kelly, a specialty talent solutions provider, will release its Q3 earnings on November 9, 2023. A financial presentation will be published on the Investor Relations page of its website and a conference call will be held at 9 a.m. ET. Access details provided.
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KellyOCG recognized as a Leader and Star Performer by Everest Group for its consulting services and technology stack
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Kelly named to FlexJobs' Top 100 Companies for Hybrid Jobs
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Kelly Arc is a new online recruitment platform that connects employers with job seekers who specialize in AI-powered automation.
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NextGen | GTA awarded substantial multi-year contract from Tier 1 carrier in the US
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Kelly Engineering named Leader on Everest Group's U.S. Contingent Staffing PEAK Matrix® for second consecutive year. Recognized for specialist approach, technology investments, and managed services. Kelly earns highest marks for vision and capability. Kelly Technology named Major Contender for IT. Kelly's strengths include broad spectrum of staffing services, strong capabilities in sourcing talent, investments in technology and analytics solutions, focus on learning and upskilling services, and commitment to diversity, equity and inclusion. Kelly Engineering has significant market impact and strong capabilities in engineering segments. Positioning as Leader on Everest Group's U.S. Engineering Contingent Talent and Strategic Solutions PEAK Matrix® Assessment 2023. Kelly recognized among best contingent staffing providers.
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FAQ
What is the current stock price of Kelly Svcs (KELYA)?
The current stock price of Kelly Svcs (KELYA) is $13.47 as of February 28, 2025.
What is the market cap of Kelly Svcs (KELYA)?
The market cap of Kelly Svcs (KELYA) is approximately 467.8M.
When was Kelly Services Inc founded?
Kelly Services Inc was founded in 1946.
What are the key business segments of Kelly Services Inc?
Kelly operates in five business segments including Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International.
What recent acquisitions has Kelly Services Inc made?
Kelly Services Inc recently acquired Motion Recruitment Partners, LLC.
What is the strategic focus of Kelly Services Inc?
Kelly Services Inc is focused on specialty outcome-based services and global RPO and MSP solutions to address evolving workforce challenges.
Kelly Svcs Inc
Nasdaq:KELYA
KELYA Rankings
KELYA Stock Data
467.85M
30.09M
3.68%
92.05%
1.61%
Staffing & Employment Services
Services-help Supply Services
United States
TROY