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Kelly Services, Inc., also known as Kelly, is a global specialty talent solutions provider offering workforce solutions and consulting services. With operations in various sectors like financial services, IT, law, and more, the company is divided into five segments, including Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. Kelly recently acquired Motion Recruitment Partners, LLC, expanding its market-leading solutions portfolio and enhancing its focus on higher-margin, higher-growth specialty outcome-based and staffing services. The acquisition is part of Kelly's strategy to pursue inorganic investments, unlock significant capital, and optimize its operating model, aligning with its goal to provide top-quality talent solutions.
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Kelly, a global specialty talent solutions provider, will release its Q4 earnings on February 15, 2024, and host a conference call at 9 a.m. ET. The financial presentation will be available on the Investor Relations page of its website. Access to the conference call and recording details are provided in the press release.
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Kelly (Nasdaq: KELYA, KELYB) completes the sale of its European staffing business to Gi Group Holdings S.P.A. to sharpen its focus on higher margin, higher growth global managed service provider (MSP) and recruitment process outsourcing (RPO), and North American specialty outcome-based and staffing services. The cash proceeds from the sale will be redeployed in pursuit of growth through organic and inorganic investments.
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Kelly (Nasdaq: KELYA, KELYB) to Participate in 19th Annual Noble Capital Markets Emerging Growth Equity Conference
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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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FAQ
What is the current stock price of Kelly Services (KELYB)?
The current stock price of Kelly Services (KELYB) is $14 as of December 16, 2024.
What is the market cap of Kelly Services (KELYB)?
The market cap of Kelly Services (KELYB) is approximately 498.5M.
What is Kelly Services, Inc.?
Kelly Services, Inc. is a global specialty talent solutions provider offering workforce solutions and consulting services.
How many business segments does Kelly have?
Kelly is divided into five segments: Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International.
What recent acquisition did Kelly make?
Kelly recently acquired Motion Recruitment Partners, LLC, expanding its market-leading solutions portfolio.
What is the focus of Kelly's strategy?
Kelly's strategy focuses on higher-margin, higher-growth specialty outcome-based and staffing services.
How does Kelly aim to unlock capital?
Kelly executes strategic actions like selling non-core assets and optimizing its operating model to unlock capital.
What is the goal of Kelly's inorganic investments?
Kelly's inorganic investments aim to provide top-quality talent solutions and enhance its market position.
Kelly Services Inc
Nasdaq:KELYB
KELYB Rankings
KELYB Stock Data
498.54M
31.01M
96.59%
1.33%
Staffing & Employment Services
Services-help Supply Services
United States of America
TROY