earnings
confidence high
sentiment positive
materiality 0.70
Kforce Q2 revenue $436.5M (+8.2%), EPS $1.30; tech growth 24% YoY; reaffirms FY guidance
KFORCE INC
2022-Q2 EPS reported
$2.22
revenue$853,483,000
- Q2 revenue $436.5M, up 8.2% YoY; tech revenue grew 23.8% YoY, FA declined 44%.
- Net income $26.9M ($1.30 EPS) vs $21.2M ($1.00 EPS) in Q2 2021; EPS benefited $0.14 from swap termination.
- Gross profit margin up 50 bps; operating margin down 40 bps including prior-year gain on HQ sale.
- Returned $15.4M to shareholders: $9.3M buybacks and $6.1M dividends.
- Q3 guidance: rev $430-438M, EPS $1.03-$1.11; reaffirmed FY22 rev >=$1.7B, EPS >=$4.20.