---
schema_version: "secwatch.filing_event.v1"
accession: "0000930420-23-000169"
form_type: "8-K"
ticker: "KFRC"
cik: "0000930420"
company_name: "KFORCE INC"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:44:01.959162+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kforce Q2 revenue $389.2M, EPS $0.95; cuts costs ~$14M; Q3 guidance lower

## Summary
- Q2 revenue $389.2M, down 10.8% YoY; diluted EPS $0.95, down 27% YoY, up 16% sequentially.
- Technology revenue down 8.5% YoY; gross profit margin 28.3% down 170 bps YoY.
- Announced $14M annualized cost reduction; Q3 EPS guidance $0.60-$0.68 includes $0.22 restructuring charge.
- Q3 revenue guidance $359M-$367M; operating margin 4.7%-5.1%.
- David L. Dunkel's employment ended July 31; remains Board Chairman; CEO transition complete.

## SEC filing metadata
- accession: 0000930420-23-000169
- form_type: 8-K
- ticker: KFRC
- cik: 0000930420
- company_name: KFORCE INC
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930420/000093042023000169/0000930420-23-000169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930420/000093042023000169/kfrc-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930420-23-000169
- JSON: https://secwatch.observer/filing/0000930420-23-000169.json
- Plain text: https://secwatch.observer/filing/0000930420-23-000169.txt

## Key facts
- Earnings Releases
  KFORCE INC reported the third quarter of 2023 results: revenue $359 million to $367 million, EPS $0.60 to $0.68. Guidance initiated.
  - Period: the third quarter of 2023
  - Revenue: $359 million to $367 million
  - EPS: $0.60 to $0.68
  - Guidance: initiated
  - Result: guidance update
  source text: Current estimates for the third quarter of 2023 are: • Revenue of $359 million to $367 million • Earnings per share of $0.60 to $0.68
  evidence_url: https://www.sec.gov/Archives/edgar/data/930420/000093042023000169/0000930420-23-000169-index.htm
- Earnings Releases
  KFORCE INC reported the second quarter ended June 30, 2023 results: revenue $389.2 million, EPS $0.95. Guidance initiated.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $389.2 million
  - EPS: $0.95
  - Guidance: initiated
  - Result: reported results
  source text: KFORCE REPORTS SECOND QUARTER 2023 REVENUE OF $389.2 MILLION AND EARNINGS PER SHARE OF $0.95
  evidence_url: https://www.sec.gov/Archives/edgar/data/930420/000093042023000169/0000930420-23-000169-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.