Kforce Q1 revenue $351.9M, EPS $0.58, down 13.3% and 29.3% YoY

KFORCE INC

2024-Q1 EPS reported $0.58 revenue$351,889,000

Revenue $351.9M, down 13.3% YoY; diluted EPS $0.58, down 29.3% YoY.
Technology Flex revenue fell 2.3% sequentially, 11.4% YoY; FA Flex down 11.5% sequentially, 27.2% YoY.
Gross profit margin 27.1%, down 100 bps YoY; operating margin 4.5%, down 130 bps YoY.
Q2 2024 guidance: revenue $352M-$360M, EPS $0.68-$0.76, gross margin 27.4%-27.6%.
Board declared Q2 dividend $0.38/share, payable June 28 to holders of record June 14.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

KFORCE INC updated its first quarter ended March 31, 2024 guidance (reaffirmed).

Period: first quarter ended March 31, 2024
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On April 29, 2024, Kforce Inc. (the "Firm") issued a press release regarding its earnings for the first quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0000930420-24-000061

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