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Kelly Services Inc - KELYA STOCK NEWS

Welcome to our dedicated page for Kelly Services news (Ticker: KELYA), a resource for investors and traders seeking the latest updates and insights on Kelly Services stock.

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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Kelly Services, a leading specialty talent solutions provider, will announce its first-quarter earnings on May 11, 2023, before the market opens. The release will include a financial presentation available on the Investor Relations page. A conference call will take place at 9 a.m. ET, where investors can participate via the internet or by dialing in. The call's recording will be accessible post-event. Kelly reported revenues of $5.0 billion for 2022 and directly employs over 300,000 people globally. For further details, access the link to the original content.

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Kelly Services announces the launch of Kelly Fusion Digital Workers, a pioneering solution aimed at addressing labor challenges by automating routine tasks. This initiative combines Kelly's extensive staffing experience with advanced automation technologies to improve employee experience and operational efficiency. The digital workers save clients significant time and costs—over 650,000 hours and $13.5 million in savings. The collaboration with UiPath enhances productivity, enabling employees to focus on more rewarding work while reducing risks and compliance issues. This strategic move positions Kelly as a leader in integrating human and digital talent in the evolving workforce landscape.

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Kelly (Nasdaq: KELYA, KELYB), a top talent solutions provider, announced its participation in the Sidoti Virtual Investor Conference set for March 23, 2023. Key executives, including CEO Peter Quigley and CFO Olivier Thirot, will engage in virtual one-on-one meetings. The company's investor presentation can be accessed online. Kelly specializes in connecting skilled individuals with companies in sectors like Science, Engineering, and Education, generating $5.0 billion in revenue in 2022. For more details, visit kellyservices.com.

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Kelly (Nasdaq: KELYA, KELYB) reported Q4 2022 revenues of $1.2 billion, a 1.3% decline impacted by foreign currency and the sale of its Russian operations. Operating earnings were $4.6 million, down 28% from the prior year due to a $10.3 million goodwill impairment charge related to RocketPower. On an adjusted basis, earnings fell to $14.0 million. For the full year, adjusted earnings improved 30% to $68.3 million, while full-year losses per share reached $1.64. Despite macroeconomic uncertainty, Kelly aims to pursue growth and has declared a $0.075 dividend payable on March 13, 2023.

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Kelly Services (Nasdaq: KELYA, KELYB) announced its fourth-quarter and full-year earnings release scheduled for February 16, 2023, before market opening. A financial presentation will be available on their Investor Relations website, and a conference call will be hosted at 9 a.m. ET. Investors can access the call via the internet or telephone, with details provided in the release. A recording will be available later in the day. In 2021, Kelly reported revenues of $4.9 billion, employing over 350,000 people worldwide.

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On January 23, 2023, Kelly was recognized for the tenth consecutive year as one of FlexJobs' Top 100 Companies to Watch for Remote Jobs, ranking fifth in 2023. This accolade follows a detailed analysis of over 58,000 companies, emphasizing Kelly's commitment to remote work options, which has been part of its strategy since 2009. With over 4,000 remote agents in its contact center business, Kelly also handles more than 25 million contacts annually, maintaining customer satisfaction ratings above 90%. This recognition highlights the growing demand for remote jobs, with FlexJobs noting a 20% increase in remote job listings in 2022.

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Kelly (Nasdaq: KELYA, KELYB) announced its participation in the Sidoti Virtual Investor Conference on December 7, 2022. Key executives including Peter Quigley (CEO), Olivier Thirot (CFO), and James Polehna (CIR) will engage in virtual one-on-one meetings. The company connects skilled talent across various sectors and employed over 350,000 people globally in 2021, generating a revenue of $4.9 billion. An investor presentation will be available online at kellyservices.com.

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FAQ

What is the current stock price of Kelly Services (KELYA)?

The current stock price of Kelly Services (KELYA) is $13.02 as of December 20, 2024.

What is the market cap of Kelly Services (KELYA)?

The market cap of Kelly Services (KELYA) is approximately 474.0M.

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 Services Inc

Nasdaq:KELYA

KELYA Rankings

KELYA Stock Data

473.97M
31.01M
3.68%
96.25%
2.91%
Staffing & Employment Services
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United States of America
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