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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 (Nasdaq: KELYA, KELYB), a leader in specialty talent solutions, will participate in the Sidoti Virtual Investor Conference on March 23-24, 2022. Key executives including Peter Quigley (CEO), Olivier Thirot (CFO), and James Polehna (CIR) will engage in virtual one-on-one meetings. The company's 2021 revenue reached $4.9 billion, employing over 350,000 individuals globally. For more details, visit kellyservices.com.
Kelly (Nasdaq: KELYA, KELYB) announced the acquisition of RocketPower, a top provider of Recruitment Process Outsourcing (RPO) and talent solutions, on March 9, 2022. RocketPower, which generated $28 million in revenue in 2021, expects to achieve triple-digit growth in 2022. This acquisition aligns with Kelly's strategy to enhance its RPO offerings and further penetrate the high-tech sector, reflecting a growing demand for talent acquisition solutions in a changing market.
Kelly (Nasdaq: KELYA, KELYB) has declared a quarterly dividend of $0.05 per share for both Class A and Class B common stock. The dividend will be paid on March 14, 2022, to shareholders of record at the close of business on February 28, 2022. In 2021, Kelly reported revenue of $4.9 billion and employs over 350,000 individuals globally, connecting talent across various sectors including Science, Engineering, and Office.
On February 14, 2022, Kelly (KELYA, KELYB) reported a 0.7% increase in fourth-quarter revenue to $1.3 billion for 2021, adjusting to a 6.0% increase when accounting for the previous year's 14-week period. Earnings per share soared to $1.80 from $0.59 in the previous year, aided by gains from investments and insurance settlements. The company also announced a strategic shift in its relationship with Persol Holdings, reducing its ownership in a joint venture and monetizing its equity stakes for capital reinvestment. Overall, 2021 saw a return to profitability with $48.6 million in operating earnings.
Kelly, a premier talent solutions provider (Nasdaq: KELYA, KELYB), is set to announce its fourth-quarter and full-year earnings on February 14, 2022, before the market opens. The earnings release will be accompanied by a financial presentation available on the Investor Relations section of its website. A conference call will follow at 9 a.m. ET, accessible via phone or internet. A recording will be available post-call. Kelly employs nearly 370,000 individuals globally and reported revenue of $4.5 billion in 2020, connecting talent with companies across various sectors.
Kelly has been named one of the Top 100 Companies to Watch for Remote Jobs by FlexJobs for the ninth consecutive year, ranking eighth in 2022. This recognition is based on an analysis of approximately 57,000 companies and highlights Kelly's commitment to providing flexible work options. With over 6,000 remote agents and a history of remote work options dating back to 2010, Kelly supports its employees with benefits such as electronic pay and health insurance. The company is among eight employers recognized every year since 2014, reflecting its leadership in the evolving work environment.
Kelly Services, Inc. recently appointed Amala Duggirala and InaMarie Johnson to its board of directors. Duggirala, with a background in technology leadership at USAA and Regions Bank, brings expertise in business transformation. Johnson, previously chief people and diversity officer at Zendesk, is a seasoned HR professional with experience in strategic transformations. CEO Peter Quigley expressed confidence in their ability to provide valuable insights during the company's strategic execution. The board's expansion aims to enhance Kelly's mission of connecting talent to work.
Kelly, a leading specialty talent solutions provider, will present at the Sidoti Virtual Investor Conference on December 9, 2021. CEO Peter Quigley, CFO Olivier Thirot, and VP James Polehna will discuss the company’s strategies and performance. The presentation starts at 8:30 a.m. ET and will be accessible via kellyservices.com. An audio replay will be available after the event. Kelly connects talented individuals with companies across various sectors and generated $4.5 billion in revenue in 2020.
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