Kforce ( (KFRC) ) has released its Q1 earnings. Here is a breakdown of the information Kforce presented to its investors.
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Kforce Inc. is a solutions firm specializing in technology, finance and accounting, and other professional staffing services, known for empowering industry-leading companies to achieve their digital transformation goals through custom-tailored solutions.
In its first quarter of 2025, Kforce reported a revenue of $330 million and earnings per share (EPS) of $0.45, reflecting a decrease compared to the previous quarter and the same period last year. The company acknowledged macroeconomic uncertainties impacting client investments in technology initiatives.
Key financial metrics showed a 4.0% sequential and 6.2% year-over-year decrease in revenue. Technology Flex and FA Flex revenues also declined, with gross profit margins slightly down. Operating margins decreased to 3.5%, while SG&A expenses rose as a percentage of revenue. Despite these challenges, Kforce returned $28.3 million to shareholders through share repurchases and dividends.
Looking ahead, Kforce remains focused on its long-term strategic priorities and client partnerships, anticipating second-quarter revenues between $332 million and $340 million, with an EPS range of $0.57 to $0.65. The company continues to adapt to market conditions while investing in its core business strategies.
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