| (USD) | Jun 2023 | Q/Q |
|---|---|---|
| Revenue | 389.2MM | -4% |
| Gross Profit | 110.3MM | -3% |
| Cost Of Revenue | 278.9MM | -4% |
| Operating Income | 25.9MM | +11% |
| Operating Expenses | 84.6MM | -8% |
| Net Income | 18.6MM | +15% |
| G&A | 83MM | -7% |
| Amortization | 1.3MM | +9% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 20-21, 2023. The presentation schedule is subject to change.
Kforce is shuffling its executive suite after announcing the departure of longtime COO Kye Mitchell. Mitchell’s exit from the Tampa-based tech and professional staffing firm on Sept. 22 is connected to an internal reorganization set in motion on Sept. 7, according to a document filed with the U.S. Securities and Exchange Commission. A spokesperson for Kforce declined to comment on the circumstances of her departure.
TAMPA, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a provider of professional staffing services and solutions, is scheduled to participate at Sidoti’s Virtual Small Cap Investor Conference on September 20-21, 2023. Kforce will present on September 20, 2023, from 10:45 a.m. to 11:15 a.m. Eastern. The live webcast can be accessed on Kforce’s website at https://investor.kforce.com under “News and Events.” About Kforce Inc.Kforce is a solutions firm specializing in technolog
OI Glass and Kforce are part of the Zacks Bull and Bear of the Day article.
Investors may want to start monitoring the premium they are paying for Kforce's (KFRC) stock as earnings estimates have remained lower and the company's P/E valuation looks less attractive than its peers.
The tech staffing firm cut costs after reporting below-guidance quarterly revenue due to economic uncertainty.
Shares of Kforce (NASDAQ: KFRC) were falling today after the staffing agency posted disappointing top-line results in its second-quarter earnings report, and offered weak guidance. Kforce, which specializes in recruiting temporary workers in the tech industry, said revenue fell 10.8% from the quarter a year ago to $389.2 million, which missed estimates at $395.9 million. The company blamed uncertainty in the economic environment as many of its clients have implemented layoffs and are preparing...
Q2 2023 Kforce Inc Earnings Call
The headline numbers for Kforce (KFRC) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Kforce (KFRC) delivered earnings and revenue surprises of -3.06% and 1.72%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?