Kelly Services Inc - KELYA STOCK NEWS

Kelly (Nasdaq: KELYA, KELYB) reported Q3 2022 revenue of $1.2 billion, marking a 2.3% decrease from Q3 2021, but a 0.3% increase in constant currency. The company faced a $21.4 million operating loss due to a $30.7 million goodwill impairment charge related to RocketPower, primarily driven by economic uncertainties and a hiring slowdown in the high-tech sector. Adjusted operating earnings rose 7% to $9.5 million. The board approved a $50 million share repurchase plan and declared a dividend of $0.075 per share payable on December 7, 2022.

Kelly (Nasdaq: KELYA, KELYB) plans to release its third-quarter earnings on November 10, 2022, before market opening. A financial presentation will be available on the Investor Relations page. The company will host a conference call at 9 a.m. ET on the same day. Access options include internet and telephone, with toll-free and caller-paid numbers provided. Recordings will be available post-call. Kelly employs over 350,000 people globally and generated $4.9 billion in revenue in 2021.

Kelly Services (Nasdaq: KELYA, KELYB), a prominent talent solutions provider, will engage in the 15th Annual Barrington Research Virtual Fall Conference on September 8, 2022. Key executives, including Peter Quigley (CEO), Olivier Thirot (CFO), and James Polehna (CIR), will present and hold one-on-one meetings. The company employed over 350,000 people globally in 2021, generating revenues of $4.9 billion. An investor presentation is accessible on their website.

Kelly reported Q2 revenue of $1.3 billion, a 0.7% increase from last year, with a 2.7% rise in constant currency. Operating earnings were $8.2 million and EPS was $0.06, down from $0.60 a year ago due to a non-cash impairment charge related to operations in Russia. Adjusted operating earnings surged 63% to $22.3 million, driven by revenue growth and improved gross profit rates. The company declared a dividend of $0.075 per share, payable September 7, 2022.

Kelly (Nasdaq: KELYA, KELYB) will participate in the Sidoti Virtual Investor Conference on August 17, 2022. Key executives, including CEO Peter Quigley and CFO Olivier Thirot, will hold virtual one-on-one meetings. Investors can access Kelly's investor presentation at kellyservices.com. In 2021, Kelly reported revenues of $4.9 billion and connects over 350,000 employees globally, specializing in various sectors such as Science, Engineering, and Education.

Kelly (Nasdaq: KELYA, KELYB) will announce its second-quarter earnings on August 11, 2022, before the market opens. In conjunction with this release, a financial presentation will be made available on the Investor Relations page. A conference call is scheduled for 9 a.m. ET on the same day, accessible via telephone and online. Participants can access a recording after 2:30 p.m. ET. Kelly Services connects over 350,000 employees globally, generating approximately $4.9 billion in revenue in 2021.

Kelly has launched a new RPO solution, Kelly Ace, designed to enhance the recruitment process by using a chatbot to guide candidates through applications. This tool streamlines the experience for candidates applying for high-volume roles and integrates with employers' Applicant Tracking Systems (ATS) to minimize manual data entry. Kelly Ace addresses evolving recruiting needs while improving applicant engagement and reducing dropout rates. The company aims to leverage over 75 years of expertise in talent acquisition, ensuring faster access to qualified candidates.

Kelly (Nasdaq: KELYA, KELYB) announced its participation in the Sidoti Virtual Investor Conference on June 16, 2022. Key executives including Peter Quigley (CEO), Olivier Thirot (CFO), and James Polehna (Investor Relations Officer) will engage in virtual one-on-one meetings. The company, which employs over 350,000 individuals globally and generated $4.9 billion in revenue in 2021, focuses on connecting talent across various sectors such as Science, Engineering, and Education. Investors can access the presentation on kellyservices.com.

Kelly (Nasdaq: KELYA, KELYB) reported a strong Q1 2022, with revenues increasing by 7.5% to $1.3 billion, or 9.0% in constant currency, compared to the previous year. Operating earnings surged 121% to $23.4 million. However, the company posted a loss per share of $1.23, significantly down from a $0.64 gain last year, largely due to a loss from its investment in Persol Holdings. Adjusted EPS improved to $0.46 from $0.12 year-over-year. Kelly declared a dividend increase of 50% to $0.075 per share, reflecting improved operating results.