Kelly Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 01, 2023
November 09, 2023 at 07:35 am EST
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Kelly Services, Inc. reported earnings results for the third quarter and nine months ended October 01, 2023. For the third quarter, the company reported net income was USD 6.6 million compared to net loss of USD 16.2 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to diluted loss per share from continuing operations of USD 0.43 a year ago.
For the nine months, net income was USD 25 million compared to net loss of USD 61.6 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to basic loss per share from continuing operations of USD 1.62 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to diluted loss per share from continuing operations of USD 1.62 a year ago.
Kelly Services, Inc. is a specialty talent and workforce solutions provider operating throughout the world. The Company operates through five segments: Professional & Industrial (P&I), Science, Engineering & Technology (SET), Education, Outsourcing & Consulting Group (OCG) and International. P&I segment delivers staffing, outcome-based and permanent placement services, providing administrative, accounting and finance, light industrial and contact center staffing and other workforce solutions in the United States and Canada. The SET segment delivers staffing, outcome-based and permanent placement services focused on science and clinical research, engineering, technology and telecommunications specialties. Its OCG segment delivers talent solutions including managed service provider (MSP), payroll process outsourcing (PPO), recruitment process outsourcing (RPO), and talent advisory services. International segment also delivers RPO talent solutions within its local markets.
KELLY SERVICES, INC. 
