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Kelly Services Inc - $KELYB STOCK NEWS

Welcome to our dedicated page for Kelly Services news (Ticker: $KELYB), a resource for investors and traders seeking the latest updates and insights on Kelly Services stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kelly Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kelly Services's position in the market.

Rhea-AI Summary
Kelly, a global specialty talent solutions provider, will release its Q4 earnings on February 15, 2024, and host a conference call at 9 a.m. ET. The financial presentation will be available on the Investor Relations page of its website. Access to the conference call and recording details are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
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Rhea-AI Summary
Kelly (Nasdaq: KELYA, KELYB) completes the sale of its European staffing business to Gi Group Holdings S.P.A. to sharpen its focus on higher margin, higher growth global managed service provider (MSP) and recruitment process outsourcing (RPO), and North American specialty outcome-based and staffing services. The cash proceeds from the sale will be redeployed in pursuit of growth through organic and inorganic investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.27%
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Rhea-AI Summary
Kelly (Nasdaq: KELYA, KELYB) to Participate in 19th Annual Noble Capital Markets Emerging Growth Equity Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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conferences acquisition
Rhea-AI Summary
American Education Week: Importance of Supporting U.S. Schools and Institutions
Rhea-AI Impact
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-0.15%
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Rhea-AI Summary
Kelly - Recognized as 2024 Military Friendly® Employer and Military Friendly® Spouse Employer. The company has been honored for its commitment to recruiting and promoting veterans and their spouses. Kelly partners with various military organizations and has hired more than 6,600 veterans in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
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none
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Rhea-AI Summary
Kelly (Nasdaq: KELYA, KELYB) announced break-even Q3 operating earnings, up 60% to $15.5 million on an adjusted basis. Q3 revenue down 4.3% or 5.8% in constant currency. Adjusted EBITDA margin increased to 2.3% from 1.6% in the prior year due to reduced operating expenses. Sale of European staffing operations and growth initiatives expected to drive further margin expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
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Rhea-AI Summary
Kelly, a global specialty talent solutions provider, has entered into an agreement to sell its European staffing business to Gi Group Holdings for up to €130 million. The transaction is expected to close in Q1 2024. Kelly will retain its managed service provider, recruitment process outsourcing, and functional service provider business in the EMEA region. The sale will enable Kelly to focus on higher margin, higher growth solutions and unlock capital for organic and inorganic growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
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Rhea-AI Summary
Kelly, a specialty talent solutions provider, will release its Q3 earnings on November 9, 2023. A financial presentation will be published on the Investor Relations page of its website and a conference call will be held at 9 a.m. ET. Access details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
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none
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Rhea-AI Summary
KellyOCG recognized as a Leader and Star Performer by Everest Group for its consulting services and technology stack
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
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Rhea-AI Summary
Kelly named to FlexJobs' Top 100 Companies for Hybrid Jobs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
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Kelly Services Inc

Nasdaq:KELYB

KELYB Rankings

KELYB Stock Data

786.81M
30.92M
94.56%
1.64%
Human Resources Consulting Services
Professional, Scientific, and Technical Services
Link
United States of America
TROY

About KELYB

Kelly Services, Inc. is an American office staffing company that operates globally. The company places employees at all levels in various sectors including financial services, information technology, and law.