Welcome to our dedicated page for Kelly Svcs news (Ticker: KELYB), a resource for investors and traders seeking the latest updates and insights on Kelly Svcs stock.
News and updates about Kelly Services, Inc. (Nasdaq: KELYA, KELYB) focus on its role as a specialty talent solutions provider and human resources consulting company. As an issuer of Class A and Class B common stock listed on The Nasdaq Stock Market LLC, Kelly regularly releases information that is relevant for investors, clients, and job seekers following KELYB news.
Company news often includes earnings announcements and financial updates, where Kelly reports revenue trends, segment performance, operating results, and commentary on labor market conditions. These releases provide insight into how its Professional & Industrial, Science, Education, Outsourcing & Consulting Group, and International segments are performing, as well as how acquisitions and structural changes affect the business.
Kelly also issues news about its outsourcing and consulting operations, such as KellyOCG and KellyOCG + Sevenstep. These stories highlight recognition in industry benchmarks like HRO Today’s Baker’s Dozen rankings and Everest Group’s PEAK Matrix assessments for contingent workforce management, recruitment process outsourcing, and services procurement. Such coverage helps readers understand Kelly’s positioning in managed services, total workforce solutions, and RPO markets.
Additional KELYB news items feature education workforce initiatives through Kelly Education, including the introduction of frameworks like the LEARN Standards for substitute teachers and paraeducators. Kelly also publishes research-driven reports, such as the Kelly Global Re:work Report and Motion Recruitment’s Tech Salary Guide, which examine AI adoption, workforce skills, and compensation trends across technology and other sectors.
Visitors to this page can review a continuous feed of these press releases and corporate announcements to follow developments in Kelly’s strategy, leadership changes disclosed via Form 8-K, capital markets activity, and its evolving approach to workforce solutions.
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.
Kelly (Nasdaq: KELYA, KELYB) has declared a quarterly dividend of $0.05 per share for both Class A and Class B common stock. The dividend will be paid on March 14, 2022, to shareholders of record at the close of business on February 28, 2022. In 2021, Kelly reported revenue of $4.9 billion and employs over 350,000 individuals globally, connecting talent across various sectors including Science, Engineering, and Office.
On February 14, 2022, Kelly (KELYA, KELYB) reported a 0.7% increase in fourth-quarter revenue to $1.3 billion for 2021, adjusting to a 6.0% increase when accounting for the previous year's 14-week period. Earnings per share soared to $1.80 from $0.59 in the previous year, aided by gains from investments and insurance settlements. The company also announced a strategic shift in its relationship with Persol Holdings, reducing its ownership in a joint venture and monetizing its equity stakes for capital reinvestment. Overall, 2021 saw a return to profitability with $48.6 million in operating earnings.
Kelly, a premier talent solutions provider (Nasdaq: KELYA, KELYB), is set to announce its fourth-quarter and full-year earnings on February 14, 2022, before the market opens. The earnings release will be accompanied by a financial presentation available on the Investor Relations section of its website. A conference call will follow at 9 a.m. ET, accessible via phone or internet. A recording will be available post-call. Kelly employs nearly 370,000 individuals globally and reported revenue of $4.5 billion in 2020, connecting talent with companies across various sectors.
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