Welcome to our dedicated page for Kforce news (Ticker: KFRC), a resource for investors and traders seeking the latest updates and insights on Kforce stock.
Kforce Inc. (KFRC) is a leading professional staffing services firm specializing in technology and finance & accounting sectors. With a national network of 60 offices, two national recruiting centers, and over 2,000 staffing specialists, Kforce connects more than 23,000 highly skilled professionals annually with over 4,000 clients, including 70% of the Fortune 100 companies. Kforce operates through two primary business segments:
- Technology Segment: Offers talent solutions in areas such as systems/applications architecture, data management and analytics, business intelligence, artificial intelligence, machine learning, project and program management, and network architecture and security.
- Finance & Accounting (FA) Segment: Provides consultants for traditional finance and accounting roles including finance planning and analysis, business intelligence analysis, general accounting, transactional accounting, business and cost analysis, taxation, and treasury.
Kforce's name, Knowledgeforce®, reflects the combination of the highly skilled professionals they represent and the extensive knowledge gained from over 50 years of industry experience. The company prides itself on making the right match for its clients and achieves this through a focus on quality and efficiency.
The company's financial condition remains robust, with a clean balance sheet and strong cash flows that provide flexibility for strategic investments and significant capital returns to shareholders. Despite the uncertain economic environment, Kforce is well-positioned to benefit from a backlog of desirable investments that its clients are eager to prioritize once macroeconomic uncertainties begin to clear.
Kforce's recent achievements include participation in high-profile industry events such as the 8th Annual Wells Fargo FinTech, Information & Business Services Forum and the Northcoast Research Fall Forum. These engagements highlight Kforce's commitment to staying at the forefront of industry developments and trends.
Joseph J. Liberatore, President and CEO, emphasizes the firm's focus on organic growth and strategic investments, aiming to drive long-term growth and achieve double-digit operating margins. The firm continues to operate efficiently, aligning its structural costs with current revenue levels while prioritizing key strategic initiatives. Kforce remains dedicated to its vision of being “the firm most respected by those we serve.”
For more information, visit www.kforce.com, or connect with Kforce on LinkedIn, Facebook, and Twitter.
Kforce Inc. (NYSE: KFRC) announced its upcoming participation in the UBS Global Technology and AI Conference in Phoenix, Arizona on December 3, 2024. The company will present from 10:55 to 11:25am MST, with the presentation and webcast accessible through their investor relations website. Kforce specializes in technology, finance and accounting, and professional staffing services, leveraging their KNOWLEDGEforce® platform to support industry-leading companies' digital transformation goals. The company deploys over 20,000 skilled professionals annually and serves a majority of Fortune 500 companies.
Kforce reported Q3 2024 revenue of $353.3 million, showing a decrease of 0.8% sequentially and 5.3% year over year. The company posted earnings per share of $0.75, representing a 38.9% increase year over year. Technology Flex revenue declined 0.6% sequentially and 3.6% year over year, while FA Flex revenue decreased 4.1% sequentially and 20.7% year over year. Gross profit margins improved to 27.9%, up 20 basis points year over year. The company returned $17.1 million to shareholders through dividends and share repurchases, and approved a Q4 dividend of $0.38 per share.
Kforce Inc. (NYSE: KFRC), a professional staffing services provider, has announced it will release its third quarter results on October 28, 2024, after market close. The company will host a conference call at 5:00 pm ET to discuss the results. Investors can dial in at (800) 715-9871 using the passcode "Kforce". A replay will be available on the company's investor relations website for one year.
Kforce specializes in technology, finance and accounting, and professional staffing services. Their KNOWLEDGEforce® platform helps industry-leading companies achieve digital transformation goals. The company leverages 60 years of experience to deploy skilled professionals on temporary and direct-hire basis, serving a significant majority of Fortune 500 companies. Annually, over 20,000 experts work through Kforce to deliver customized solutions across multiple industries.
Kforce Inc. (NYSE: KFRC), a professional staffing services provider, has announced its participation in the J.P. Morgan Ultimate Services Investor Conference on November 14, 2024, in New York. The company's investor presentation will be accessible on their website under 'Events and Presentations'.
Kforce specializes in technology, finance and accounting, and professional staffing services. Their KNOWLEDGEforce® platform helps industry-leading companies achieve digital transformation goals. With 60 years of experience, Kforce deploys highly skilled professionals on temporary and direct-hire basis, serving a significant majority of Fortune 500 companies. The firm's approach focuses on strategic partnerships and knowledge sharing to deliver customized solutions and scalable outcomes.
Kforce Inc. (NYSE: KFRC), a professional staffing services provider, has announced its participation in the 9th Annual Wells Fargo FinTech, Information & Business Services Forum on August 21, 2024, at the Newport Harbor Island Resort in Rhode Island. The company's investor presentation will be accessible on their investor relations website under 'Events and Presentations'.
Kforce specializes in technology, finance and accounting, and professional staffing services. Their KNOWLEDGEforce® platform assists industry-leading companies in achieving digital transformation goals. With 60 years of experience, Kforce deploys highly skilled professionals on temporary and direct-hire bases, serving a significant majority of Fortune 500 companies. Annually, over 20,000 experts work through Kforce, delivering solutions through strategic partnerships and knowledge sharing.
Kforce Inc. (NYSE: KFRC) reported second quarter 2024 results with revenue of $356.3 million, down 8.4% year-over-year but up 1.3% sequentially. Earnings per share were $0.75, a 21.1% decrease from the previous year. Technology Flex revenue increased 1.7% sequentially but decreased 6.4% year-over-year. The company's gross profit margins improved to 27.8%, up 70 basis points sequentially.
CEO Joseph J. Liberatore noted a more stable and constructive operating environment compared to 2023, with steady demand for technology resources. Kforce remains confident in its position for improving market conditions and the long-term impact of AI on technology resource demand. The company provided third quarter 2024 guidance with expected revenue between $347-355 million and EPS of $0.65-$0.73.
Kforce Inc. (NYSE: KFRC) announced its participation in the 9th Annual Wells Fargo FinTech, Information & Business Services Forum in Rhode Island on August 21, 2024. The company's investor presentation will be accessible online.
Kforce is a professional staffing services provider specializing in technology, finance, and accounting. Utilizing their KNOWLEDGEforce® platform, they offer tailored digital transformation solutions through highly skilled professionals. Kforce's integrated approach has a 60-year track record, supporting over 20,000 experts annually and serving a significant majority of Fortune 500 companies.
Kforce, a provider of professional staffing services, will release its second quarter earnings results post-market on July 29, 2024. A conference call to discuss the results will follow at 5:00 pm ET. The dial-in number is (800) 715-9871 with the passcode 'Kforce'. A replay will be available on their website for one year.
Kforce specializes in technology, finance, and accounting staffing, leveraging its KNOWLEDGEforce® to support digital transformation. They deploy experts on a temporary and direct-hire basis, working with more than 20,000 professionals and a significant majority of the Fortune 500 annually.
Kforce Inc. is transferring the listing of its common stock from Nasdaq to the New York Stock Exchange, with trading expected to begin on May 20, 2024. The company will ring the opening bell at the NYSE on September 16, 2024. Kforce aims to leverage the NYSE's market infrastructure and global visibility to enhance its position and create long-term value for stockholders. Kforce specializes in technology, finance, accounting, and professional staffing services, with a focus on digital transformation and industry expertise.
Kforce Inc. announced its participation at the Baird 2024 Global Consumer, Technology, and Services Conference. The event is scheduled for June 5, 2024, in New York City, with a webcast and presentation available on their website. Kforce is a solutions firm specializing in technology, finance, and accounting services, empowering companies through digital transformation. With over 60 years of success, they provide skilled professionals for temporary and direct-hire positions, serving a majority of the Fortune 500 companies.
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