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Stock impact report

Kelly Reports Third-Quarter 2024 Earnings

Kelly Services, Inc. - Class A (KELYA) 
Last kelly services, inc. - class a earnings: 2/13 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kellyservices.com/investor-relations
Company Research Source: GlobeNewswire
Following the sale of European staffing operations, Q3 revenue down 7.1% year-over-year; nearly flat on an organic basis Q3 operating earnings of $2.6 million; $11.7 million on an adjusted basis, down 24.5%Q3 adjusted EBITDA margin increased 20 basis points to 2.5%Company expects sale of European staffing operations, acquisition of Motion Recruitment Partners, LLC ("MRP"), ongoing transformation actions to contribute to continued year-over-year EBITDA margin expansion in Q4 2024 TROY, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced results for the third quarter of 2024. Peter Quigley, president and chief executive officer, announced revenue for the third quarter of 2024 totaled $1.04 billion, a 7.1% decrease compared to the corresponding quarter of 2023 resulting primarily from the sale of the company’s European staffing operations on January 2, 2024, partially offset by the May 2024 acquisition Show less Read more
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