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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.
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.
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.
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.
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.
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.
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.
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