earnings
confidence high
sentiment neutral
materiality 0.65
Kforce Q2 revenue $356.3M (-8.4% YoY), EPS $0.75; Q3 guidance $347M-$355M
KFORCE INC
2024-Q2 EPS reported
$1.33
revenue$708,207,000
- Revenue $356.3M, down 8.4% YoY; diluted EPS $0.75, down 21.1% YoY.
- Technology Flex revenue down 6.4% YoY (+1.7% seq); FA Flex down 23.1% YoY.
- Gross profit margin 27.8% (up 70bps seq, down 50bps YoY); operating margin 5.5%.
- Q3 2024 guidance: revenue $347M-$355M, EPS $0.65-$0.73, gross margin 27.5%-27.7%.
- Board declared $0.38/share dividend payable Sep 27; $15.4M returned to shareholders in Q2.