Kelly Q1 revenue up 7.5%; operating earnings +121%; dividend raised 50%

KELLY SERVICES INC

2022-Q1 EPS reported -$1.23 revenue$1,296,400,000

Revenue $1.3B (+7.5% YoY; +9.0% constant currency); operating earnings $23.4M up from $10.6M.
GAAP loss per share $1.23 (includes $1.26 loss on Persol Holdings); adjusted EPS $0.46 vs $0.12.
Ended cross-ownership with Persol Holdings, generating $235M in liquidity.
Acquired RocketPower (March) and Pediatric Therapeutic Services (May) to boost specialty talent solutions.
Dividend increased 50% to $0.075/share, payable June 9, 2022 to holders of record May 26.

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