Welcome to our dedicated page for Kforce news (Ticker: KFRC), a resource for investors and traders seeking the latest updates and insights on Kforce stock.
Kforce Inc. provides technology, finance and accounting, and other professional staffing services through temporary and direct-hire talent solutions. News about Kforce commonly centers on quarterly revenue and EPS, Technology Flex and FA Flex trends, gross margin and SG&A commentary, and management guidance tied to demand for digital transformation and professional staffing.
Company updates also cover shareholder returns through dividends and open-market share repurchases, board authorization changes, and management participation in human-capital, technology and services investor conferences.
Kforce Inc. (NASDAQ: KFRC) will release its third quarter financial results on November 2, 2020, after market close. A conference call to discuss the results is scheduled for 5:00 p.m. ET, accessible via dial-in or webcast. A replay of the call will be available until November 9, 2020. Additionally, Kforce management will participate in the J.P. Morgan 2020 Ultimate Services Investor Conference on November 19, 2020. The company specializes in professional staffing solutions within Technology and Finance, supporting over 3,000 clients, including many Fortune 500 companies.
Kforce Inc. (NASDAQ: KFRC) announced participation in the Sidoti 2020 Virtual Investor Conference on September 23-24, 2020. The live webcast is scheduled for September 24, 2020, at 3:15 PM. Interested parties can access the webcast via Kforce's website in the Investor Relations section. Kforce specializes in staffing services in Technology and Finance, connecting over 30,000 professionals with more than 4,000 clients including many Fortune 500 companies.
Kforce Inc. (Nasdaq: KFRC) reported Q2 2020 revenue of $343.0 million, up 1.2% from Q2 2019. Flex revenue increased 3.4% to $336.4 million, with FA Flex revenue up 28.7% to $84.5 million, driven partly by COVID-19 initiatives. However, Tech Flex revenue fell 3.0% to $251.9 million, while Direct Hire revenue plunged 51.1% to $6.6 million. Operating margin dropped to 4.5%, and net income decreased to $9.9 million, or $0.47 per share. Kforce plans a Q3 cash dividend of $0.20 per share.
Kforce Inc. (NASDAQ: KFRC) will announce its second quarter results on August 10, 2020, after market close. A conference call will follow at 5:00 p.m. ET for discussion, accessible via dial-in at (877) 344-3890 with passcode Kforce. A replay will be available until August 17, 2020, at (855) 859-2056, passcode 9977937. Kforce specializes in professional staffing solutions in Technology and Finance & Accounting, connecting 36,000 professionals with over 4,000 clients, including 70% of the Fortune 100.
Kforce Inc. (NASDAQ: KFRC) updated its revenue trends ahead of the Baird’s 2020 Virtual Global Consumer Conference. The company revealed that Technology Flex and FA Flex revenues fell by approximately 2% and 22% year-over-year, respectively. However, Kforce anticipates that its revenues and earnings per share will surpass analyst estimates for Q2 2020. CEO David Dunkel noted the stabilization of their technology business, while CFO David Kelly emphasized significant government project wins during the pandemic, projecting revenues between $20 million and $30 million for these engagements.
Kforce Inc. (NASDAQ: KFRC) will participate in two virtual conferences: Baird's 2020 Global Consumer, Technology & Services Conference on June 3 and Stifel’s 2020 Cross Sector Insight Conference on June 9. Both events will feature a live webcast accessible via Kforce's Investor Relations section on their website. Kforce specializes in staffing services in Technology and Finance, servicing over 4,000 clients, including 70% of the Fortune 100. The firm emphasizes partnerships and knowledge sharing for success.
Kforce Inc. (Nasdaq: KFRC) reported Q1 2020 revenues of $335.2 million, a 1.0% increase from Q1 2019. Flex revenue rose by 1.9%, but Direct Hire revenue fell 22.6%. Operating margin improved to 4.2% from 3.6% year-over-year. Income from continuing operations was $9.1 million or $0.42 per share, compared to $8.0 million or $0.32 last year. Kforce plans to maintain a quarterly dividend of $0.20 per share despite economic challenges from COVID-19, emphasizing its strong cash flow and low debt levels.