Kforce Q1 2023 Earnings Report

Kforce EPS Results

• Actual EPS: $0.82
• Consensus EPS: $0.84
• Beat/Miss: Missed by -$0.02
• One Year Ago EPS: $0.93

Kforce Revenue Results

• Actual Revenue: $406.00 million
• Expected Revenue: $411.56 million
• Beat/Miss: Missed by -$5.56 million
• YoY Revenue Growth: -2.60%

Kforce Announcement Details

• Quarter: Q1 2023
• Date: 5/8/2023
• Time: After Market Closes

Kforce (NASDAQ:KFRC) provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. This segment serves clients in various industries comprising financial and business services, communications, insurance, retail, and technology industries. The FA businesses segment offers talent solutions to its clients in areas, including financial planning and analysis, business intelligence analysis, general accounting, transactional accounting, business and cost analysis, and taxation and treasury. It also provides consultants in lower skilled areas comprising loan servicing and support, customer and call center support, data entry, and other administrative roles. This segment serves clients in various industries, including financial and business services, healthcare, and manufacturing sectors. The company was founded in 1962 and is headquartered in Tampa, Florida.