secwatch.observer — SEC 8-K summary
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Issuer:     KFORCE INC (KFRC)
CIK:        0000930420
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000930420-23-000110
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kforce Q1 rev $406M, EPS $0.82; tech flex +2.2%; Q2 guidance rev $392-400M, EPS $0.94-1.02
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- Q1 revenue $406.0M, down 2.6% YoY from $417.0M; net income $16.2M ($0.82 EPS) vs $19.2M ($0.93 EPS).
- Technology revenue +1.4% YoY; Technology Flex revenue +2.2% YoY; FA revenue -27.9% YoY.
- Gross profit margin 28.1% (-160 bps); Flex GP margin 26.2% (-90 bps); SG&A as % of rev 22.0% (-80 bps).
- Q2 2023 guidance: revenue $392-400M, EPS $0.94-1.02, GP margin 28.7-28.9%, Flex GP margin 26.6-26.8%.
- Board approved Q2 dividend $0.36/share (record June 16, payable June 30); $10M share repurchased in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930420/000093042023000110/0000930420-23-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930420/000093042023000110/kfrc-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000930420-23-000110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer