Kelly Svcs Inc Stock Price, News & Analysis

Kelly Services, a leading specialty talent solutions provider, will announce its first-quarter earnings on May 11, 2023, before the market opens. The release will include a financial presentation available on the Investor Relations page. A conference call will take place at 9 a.m. ET, where investors can participate via the internet or by dialing in. The call's recording will be accessible post-event. Kelly reported revenues of $5.0 billion for 2022 and directly employs over 300,000 people globally. For further details, access the link to the original content.

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.