Kforce

Kforce, Inc. engages in the provision of professional and technical staffing services and solutions. It operates through the Technology and Finance and Accounting (FA) segments. The Technology segment offers services on areas of information technology such as systems and applications architecture and development, data management, business and artificial intelligence, machine learning, and network architecture and security. The FA segment serves clients in areas such as accounting, transactional finance, financial analysis and reporting, taxation, budgeting, loan servicing, professional administration, audit services and systems, and controls analysis and documentation. The company was founded in 1962 and is headquartered in Tampa, FL.

Earnings data Q1 2021

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Earnings data Q4 2024

Kforce reports strong 2022 performance, eyes double-digit margins in 2023

Kforce's 2022 performance reflects resilience and strategic growth initiatives despite economic headwinds. The company's focus on organic growth, profitability, and agility positions them well for future success. Anticipated investments and market opportunities signal a positive outlook for sustained growth and market expansion.

Kforce reports Q1 2023 earnings, focuses on tech talent demand

Kforce navigated a challenging macro-economic environment in Q1 2023, with a focus on stable billable consultants and strategic investments. Despite revenue declines, the company sees opportunities in improving bill rates and margins, emphasizing high-skill talent and technology solutions.

Kforce meets EPS guidance amidst revenue decline, eyes modernization

Kforce navigated uncertain economic environment by aligning costs with lower revenues.
Confidence in technology services demand and strategic partnerships for market outperformance.
Proactive cost adjustments and focus on modernization to drive productivity and savings.
Challenges include revenue decline in technology business and talent availability concerns.

Kforce surpasses Q3 expectations with strong Tech performance and challenges

Kforce's Q3 performance exceeded expectations driven by Technology business. Challenges include margin pressures and candidate availability. Opportunities lie in growth areas like application development and digital transformation projects.

Kforce reports resilient Q4 performance amidst 2023 challenges

Kforce navigated a challenging 2023 with strategic investments and cost adjustments to maintain profitability.
Strong financial performance in Q4 showcased sequential growth in technology business and shareholder value focus.
Management's optimism for 2024, despite potential recession concerns, reflects strong client relationships and growth opportunities.
Industry vertical performance varied, with successes in financial services and technology, while challenges persisted in manufacturing.

Kforce maintains stability in Q1 amidst economic uncertainties and talent dynamics

Kforce navigated Q1 challenges with stability and cost management, leveraging its strengths in talent recruitment and technology initiatives. Despite economic uncertainties, the company sees growth opportunities in expanding its customer base and addressing clients' staffing needs.

Kforce reports stable Q2 earnings, focuses on tech investments

Kforce's Q2 2024 earnings call showcased stable financial performance and a focus on technology investments.
The company addressed challenges such as revenue ceiling concerns and emphasized opportunities for growth.
Analysts' inquiries focused on revenue drivers, pricing competition, and capacity management for growth.
Kforce's strengths in talent upgrades, service delivery efficiency, and diversified offerings were key takeaways.

Kforce exceeds Q3 expectations, eyes India expansion amid challenges

Kforce delivered strong Q3 results, particularly in the Technology business, with stable margins and growth expectations.
Challenges include economic uncertainty impacting client spending and the need for revenue stabilization in FA business.
Opportunities lie in mission-critical projects driving investments and the establishment of an India development center.
Overall, Kforce focuses on innovation, stability, and execution to navigate economic cycles and drive long-term success.

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32 Upcoming Dividend Increases Including 2 Dividend Kings

TAMPA, Fla., March 02, 2023 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC) will participate at Sidoti's Virtual Small Cap Investor Conference on March 22-23, 2023.   Kforce will present on March 22, 2023, from 8:30 a.m. to 9:00 a.m. Eastern. The live webcast can be accessed through Kforce's website at https://investor.kforce.com/ under “News and Events.”

Kforce Announces Participation at the Sidoti Virtual Small Cap Investor Conference

Kforce (KFRC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Kforce (KFRC) Run Higher on Rising Earnings Estimates?

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Kforce Inc. (NASDAQ:KFRC ) Q4 2022 Earnings Conference Call February 6, 2023 5:00 PM ET Company Participants Joseph Liberatore - President and CEO Kye Mitchell - COO David Kelly - CFO Conference Call Participants Mark Marcon - Baird Sam Kusswurm - William Blair Tobey Sommer - Truist Securities Kartik Mehta - Northcoast Research Marc Riddick - Sidoti Operator Hello and thank you for standing by. My name is Regina and I will be your conference operator today.

Kforce Inc. (KFRC) Q4 2022 Earnings Call Transcript

Kforce (KFRC) delivered earnings and revenue surprises of 1.09% and 0.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Kforce (KFRC) Q4 Earnings and Revenues Surpass Estimates

TAMPA, Fla., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the fourth quarter and full year 2022. There are references to “as reported” and “as adjusted” figures within this press release, which pertain to GAAP and non-GAAP measures that are more fully described in the Adjusted Financial Performance Measures section of this press release.

Kforce Reports Fourth Quarter 2022 Revenue of $419.7 Million, up 2.3% Year-Over-Year; Fourth Quarter Technology Revenues up 7.6% Year-Over-Year; Improved Nearly 18% for the Full Year in 2022, per Billing Day; Board of Directors Approves 20% Increase in Di

Insperity

Re-opening of the global economy, increased dependency on technology and benefits of the ongoing hybrid working model should aid the Zacks Staffing industry. NSP, KFRC and CCRN are well poised to witness a demand surge.

3 Stocks to Watch From the Promising Staffing Services Industry

Stocks like Kforce Inc. (KFRC), Cross Country Healthcare, Inc. (CCRN) and Randstad N.V. (RANJY) are likely to benefit on robust job additions to U.S. economy.

3 Staffing Stocks to Watch Amid Growing Challenges

TAMPA, Fla., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a solutions firm that specializes in technology and other professional staffing services, will release fourth-quarter results post-market on Monday, February 6, 2023, followed by a conference call at 5:00 pm ET to discuss the results.  The dial-in number is (888) 550-5417 and the conference passcode is “Kforce”.  The live webcast can be accessed at this link.  A replay of the call will be available at http://investor.kforce.com for one year after the call.

Kforce Inc. to Announce Fourth-Quarter Results on February 6, 2023

KFRC's prospects look good, as tech-related spending and hiring are unlikely to be curtailed in a big way even if the cycle turns. KFRC's bill rates in the tech domain are poised to cross the $90 per hour mark.

Kforce Inc.: Well-Positioned, Even If The Cycle Turns

Kforce, Inc. (NASDAQ:KFRC ) Q3 2022 Earnings Conference Call October 31, 2022 5:00 PM ET Company Participants Joseph Liberatore - CEO, President & Director Kye Mitchell - EVP & COO David Kelly - EVP, Chief Financial & Administrative Officer and Corporate Secretary Conference Call Participants Timothy Mulrooney - William Blair & Company Marc Riddick - Sidoti & Company Kartik Mehta - Northcoast Research Partners Tobey Sommer - Truist Securities Mark Marcon - Robert W. Baird & Co. Operator Ladies and gentlemen, thank you for standing by, and welcome to the Kforce Third Quarter 2022 Earnings Conference Call.

Kforce, Inc. (KFRC) Q3 2022 Earnings Call Transcript

Kforce (KFRC) delivered earnings and revenue surprises of 1.87% and 1.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Kforce (KFRC) Surpasses Q3 Earnings and Revenue Estimates

TAMPA, Fla., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the third quarter of 2022.

Kforce Reports Third Quarter 2022 Revenues of $437.6 Million; Technology Revenues Grew Approximately 16% Year-Over-Year and 50% Over the Third Quarter of 2020; Earnings Per Share of $1.09

TAMPA, Fla., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a solutions firm that specializes in technology and other professional staffing services, will release third-quarter results post-market on Monday, October 31, 2022, followed by a conference call at 5:00 pm ET to discuss the results. The dial-in number is (888) 550-5417 and the conference passcode is “Kforce”.  The live webcast can be accessed at this link. A replay of the call will be available at http://investor.kforce.com for one year after the call.

Kforce Inc. Announces Third-Quarter Earnings Date and Participation at J.P. Morgan and Truist Conferences

TAMPA, Fla., Sept. 09, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC) is scheduled to participate at Sidoti's Fall Virtual Small Cap Investor Conference on September 21-22, 2022.   Kforce will present on September 21, 2022, from 12:15 p.m. to 12:45 p.m. Eastern. The live webcast can be accessed through this link or on Kforce's website at investor.kforce.com under “News and Events.”

Kforce Announces Participation at the Sidoti Fall Virtual Small Cap Investor Conference

Kforce Inc. (NASDAQ:KFRC ) Q2 2022 Earnings Conference Call August 1, 2022 5:00 PM ET Company Participants Joe Liberatore - President and Chief Executive Officer Kye Mitchell - Executive Vice President and Chief Operations Officer Dave Kelly - Executive Vice President, Chief Financial and Administrative Officer Conference Call Participants Sam Kusswurm - William Blair Kartik Mehta - Northcoast Research Marc Riddick - Sidoti Jasper Bibb - Truist Securities Operator Goo day. And welcome to the Kforce Second Quarter 2022 Earnings Conference Call.

Kforce Inc. (KFRC) CEO Joe Liberatore on Q2 2022 Results - Earnings Call Transcript

Kforce (KFRC) delivered earnings and revenue surprises of 9.24% and 0.90%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Kforce (KFRC) Surpasses Q2 Earnings Estimates

TAMPA, Fla., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the second quarter of 2022.

Kforce Reports Second Quarter 2022 Revenues of $436.5 Million; Technology Revenues Grew Approximately 24% Year-Over-Year and 50% Over the Second Quarter of 2020; Earnings Per Share of $1.30

TAMPA, Fla., July 06, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a solutions firm that specializes in technology and other professional staffing services, will release second-quarter results post-market on Monday, August 1, 2022, followed by a conference call at 5:00 pm ET to discuss the results. The dial-in number is (888) 550-5417 and the conference passcode is “Kforce”. The live webcast can be accessed at this link. A replay of the call will be available at http://investor.kforce.com for one year after the call.

Kforce Inc. to Announce Second-Quarter Results on August 1, 2022

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This is Why Kforce (KFRC) is a Great Dividend Stock

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News for Kforce Stock (KFRC)