earnings
confidence high
sentiment positive
materiality 0.80
Kforce Q1 revenue $417M, EPS $0.93 beats guidance; Q2 guided $436-444M revenue, EPS $1.15-1.23
KFORCE INC
2022-Q1 EPS reported
$0.93
revenue$416,967,000
- Revenue $417.0M (+13% YoY per billing day); tech revenue +26.7% YoY per billing day; FA revenue -32.9%.
- Net income $19.2M, EPS $0.93 (+50% YoY); operating margin expanded 130 bps.
- Returned $16.2M via $10.1M buybacks and $6.1M dividends; Q2 dividend $0.30/share payable June 24.
- Q2 guidance: revenue $436-444M, EPS $1.15-1.23; gross profit margin 30.4-30.6%.
- Ended Q1 with net cash ~$17M; $200M credit facility available.