Kelly Svcs Inc Stock Price, News & Analysis

KellyOCG + Sevenstep, the permanent hiring solutions division of Kelly (Nasdaq: KELYA), has been recognized as a Leader and Star Performer in Everest Group's 2025 Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment – Global. This recognition follows the recent integration of KellyOCG's RPO specialty with Motion Recruitment Partners' Sevenstep brand.

The company's global presence now spans 71 countries with 33 in-country teams. Their comprehensive services include enterprise and project RPO, niche role sourcing, executive search, consulting, advanced analytics, and total talent management. The recognition highlights their strong technology stack, combining Sevayo® Insights and KellyOCG's Helix platforms.

Kelly (KELYA) has announced its participation in two upcoming investor conferences in June 2025. The company will present at the Baird 2025 Global Consumer, Technology & Services Conference in New York City on June 3 at 8:30 a.m. ET, where CEO Peter Quigley, CFO Troy Anderson, and IR head Scott Thomas will be available for one-on-one meetings. Additionally, Kelly will present at the Noble Capital Markets Emerging Growth Virtual Equity Conference on June 5 at 2:00 p.m. ET, with Anderson and Thomas conducting one-on-one meetings. The company's investor presentation is accessible on Kelly's website.

KellyOCG, a division of Kelly (Nasdaq: KELYA), has announced its 2024 Supplier Excellence Awards, recognizing 11 top-performing suppliers globally at their 12th annual event. The winners, representing less than 1% of KellyOCG's 5,400 active partnerships worldwide, were evaluated on performance, impact, program support, legal compliance, and operational partnerships.

US Tech Solutions received both a Supplier Excellence Award and the special Innovative Partner Award for their collaboration with KellyOCG in developing the Direct Sourcing 360 product powered by their HireHQ platform. The award winners include DEXIA, NeTeam, Infotree Global Solutions Corp, Mindlance, NES Fircroft Limited, Raise, Robert Walters, SIRE Life Sciences, SPECTRAFORCE, The Fountain Group, and US Tech Solutions.

Kelly (KELYA) reported Q1 2025 results with revenue of $1.16 billion, up 11.5% year-over-year, primarily due to the Motion Recruitment Partners acquisition. Organic revenue growth was 0.2%. Operating earnings were $10.8 million, with adjusted earnings at $22.1 million, down 4.3% from last year. Adjusted EBITDA reached $34.9 million, increasing 4.8% year-over-year, though margins decreased 20 basis points to 3.0%. The company's Education segment showed strong performance with 6.3% growth. Earnings per share were $0.16, down from $0.70 in Q1 2024, while adjusted EPS was $0.39 compared to $0.56. Kelly declared a quarterly dividend of $0.075 per share and expects Q2 revenue growth of 6.0-7.0% with margin pressure, followed by margin expansion in Q3 and Q4.

KellyOCG, the outsourcing and consulting division of Kelly (Nasdaq: KELYA, KELYB), has achieved the prestigious Partner-level supplier status in the John Deere Achieving Excellence Program for 2024. This represents Deere & Company's highest supplier rating, marking KellyOCG's fifth recognition at this level.

As a provider of Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO) solutions to John Deere's operations in the U.S. and Canada, KellyOCG earned this distinction for their outstanding service quality and dedication to continuous improvement. The annual evaluation covers key performance areas including quality, delivery, process alignment, value creation, and relationship.

KellyOCG Vice President Leigh Epps emphasized the significance of this recognition, highlighting their commitment to building a skilled and agile workforce through their partnership with Deere & Company.

Kelly (NYSE: KELYA), a global specialty talent solutions provider, has scheduled its first-quarter 2025 earnings release for Thursday, May 8, 2025, before market opening. The company will host a conference call with financial analysts at 9 a.m. ET on the same day.

The earnings presentation will be accompanied by a live webcast where analysts can review quarterly results and participate in a Q&A session. Both the financial presentation and webcast link will be available on Kelly's Investor Relations page under Events & Presentations. For those unable to attend live, a recording will be accessible within an hour after the event through the same webcast link.

Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, has announced its participation in the upcoming Sidoti Virtual Investor Conference scheduled for Wednesday, March 19, 2025.

Key executives participating in one-on-one meetings include Peter Quigley (President and CEO), Troy Anderson (EVP and CFO), and Scott Thomas (Head of Investor Relations). The company's investor presentation is currently accessible on Kelly's website.

Kelly (KELYA) has announced the integration of KellyOCG's global recruitment process outsourcing (RPO) with Motion Recruitment Partners' Sevenstep brand, forming a unified permanent hiring solutions business line. The combined entity ranks among the top five globally in talent solutions.

Amy Bush, former president of Sevenstep, will lead the integrated business as president of RPO, KellyOCG/Sevenstep. The operation spans 71 countries with 33 in-country teams and 19 global hub locations. The integration follows Kelly's 2024 acquisition of Motion Recruitment Partners and its Sevenstep brand.

The merger leverages Sevenstep's industry-leading brand and client base while expanding KellyOCG's RPO scale and capabilities. A key differentiator is their innovative technology, including a proprietary talent data integration and predictive analytics platform.

Kelly (KELYA) reported Q4 2024 results with revenue of $1.2 billion, down 3.3% year-over-year but up 4.4% on an organic basis. The company posted a Q4 operating loss of $56.7 million due to $80.8 million in non-cash impairment charges, while adjusted EBITDA increased 34% to $43.5 million with a margin of 3.7%.

Full-year 2024 revenue was $4.3 billion, down 10.4% as reported but up 0.5% organically. The company reported a full-year operating loss of $15.1 million due to impairment charges, while adjusted EBITDA grew 31% to $143.5 million with a 3.3% margin.

The company announced CEO Peter Quigley's planned retirement by the end of 2025. For first half 2025, Kelly expects approximately 10% revenue growth due to the Motion Recruitment Partners acquisition, with modest organic growth and adjusted EBITDA margin improvement of 10 basis points to 3.6%.