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29.07.2025 01:56:31

Kforce Posts 6% Revenue Drop in Q2

Kforce (NYSE:KFRC), a U.S.-focused technology staffing and solutions firm, released its second quarter results on July 28, 2025, covering the three months ending June 30. The company reported GAAP earnings per share of $0.59, GAAP EPS was slightly below the estimated $0.59, and GAAP revenue of $334.3 million, slightly ahead of GAAP estimates by $0.15 million. Compared to the same period last year, both GAAP revenue and earnings declined, with revenue dropping 6.2% year over year and EPS down 21.3% year over year. Despite these year-over-year decreases, operating margins and expenses improved versus the previous quarter, reflecting tighter cost controls. Management described the results as consistent with expectations, highlighting steady operational execution in a still-uncertain environment. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Kforce is a staffing and professional services company that specializes in technology and finance and accounting roles for large enterprises. Most of its revenue comes from placing technology professionals in temporary roles at U.S.-based clients. The company has steadily shifted its business to focus more on technology staffing, which now accounts for approximately 92% of revenue as of fiscal year 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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