Kelly Svcs Inc Stock Price, News & Analysis

Kelly has launched a new RPO solution, Kelly Ace, designed to enhance the recruitment process by using a chatbot to guide candidates through applications. This tool streamlines the experience for candidates applying for high-volume roles and integrates with employers' Applicant Tracking Systems (ATS) to minimize manual data entry. Kelly Ace addresses evolving recruiting needs while improving applicant engagement and reducing dropout rates. The company aims to leverage over 75 years of expertise in talent acquisition, ensuring faster access to qualified candidates.

Kelly (Nasdaq: KELYA, KELYB) announced its participation in the Sidoti Virtual Investor Conference on June 16, 2022. Key executives including Peter Quigley (CEO), Olivier Thirot (CFO), and James Polehna (Investor Relations Officer) will engage in virtual one-on-one meetings. The company, which employs over 350,000 individuals globally and generated $4.9 billion in revenue in 2021, focuses on connecting talent across various sectors such as Science, Engineering, and Education. Investors can access the presentation on kellyservices.com.

Kelly (Nasdaq: KELYA, KELYB) reported a strong Q1 2022, with revenues increasing by 7.5% to $1.3 billion, or 9.0% in constant currency, compared to the previous year. Operating earnings surged 121% to $23.4 million. However, the company posted a loss per share of $1.23, significantly down from a $0.64 gain last year, largely due to a loss from its investment in Persol Holdings. Adjusted EPS improved to $0.46 from $0.12 year-over-year. Kelly declared a dividend increase of 50% to $0.075 per share, reflecting improved operating results.

Kelly (Nasdaq: KELYA, KELYB) has acquired Pediatric Therapeutic Services (PTS), enhancing its K-12 solutions and addressing the $20-billion therapeutic services market. This strategic move is part of Kelly's specialty growth strategy, redirecting capital from recent APAC transactions. PTS, which provides in-school therapy services, operates in Pennsylvania and Delaware and aims to expand nationally. The acquisition comes amid increasing demand for such services, with over 7.3 million K-12 students now entitled to therapeutic benefits under U.S. law.

Kelly Education announced its 2022 Substitute Educator of the Year award recipients during National Teacher Appreciation Week. Four educators from across the U.S. were selected from nearly 1,100 nominations, each receiving a $5,000 bonus and $1,500 for their chosen school. The award program highlights the critical role of substitute educators amid a national educator shortage. According to CEO Nicola Soares, this increased recognition underscores their commitment to supporting and compensating substitute teachers and their impact on student development.

Kelly, a leading specialty talent solutions provider, will report its first-quarter earnings on May 12, 2022, before the market opens. A financial presentation will accompany the earnings release, available on their Investor Relations page. The company will host a conference call at 9 a.m. ET for discussions following the earnings announcement, accessible via internet and telephone.

Kelly (Nasdaq: KELYA, KELYB) announced that its president and CEO, Peter Quigley, and CFO, Olivier Thirot, will present at NobleCon18 on April 20, 2022, in Hollywood, Florida. The presentation is scheduled for 10:30 a.m. ET, with breakout sessions at 3:15 p.m. ET and 10:45 a.m. ET on subsequent days. A high-definition video webcast will be available the day after the presentation, archived for 90 days on Kelly's website and other platforms. Kelly is a leading talent solutions provider, employing over 350,000 people and generating $4.9 billion in revenue in 2021.

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.