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Kforce Reports Fourth Quarter 2019 Revenue of $336.2 Million; EPS From Continuing Operations of $0.66 per Share, Up 22.2% Year Over Year; Full Year 2019 Tech Flex Growth of 6.8%; Board of ...

Kforce, Inc. (KFRC) 
Last kforce, inc. earnings: 2/5 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.kforce.com/investor-relations
Company Research Source: GlobeNewswire
TAMPA, Fla., Feb. 05, 2020 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a provider of professional staffing services and solutions, today announced results for its fourth quarter and full year 2019. Unless indicated otherwise, the commentary within this release relates only to the results of our continuing operations and excludes the results of our Government Solutions ("GS") segment, which is reported as a discontinued operation. Fourth Quarter 2019 Financial Highlights Revenue for the quarter ended December 31, 2019 was $336.2 million compared to $330.4 million for the quarter ended December 31, 2018, an increase of 1.8%.Year-over-year growth in Flex revenue for Tech was 4.8%, while FA experienced a decrease of 7.6%.Gross profit margin decreased 40 basis points year over year in the quarter ended December 31, 2019.Selling, general and administrative expense as a percentage of revenue in the quarter ended December 31, 2019 was 22.9%, which decreased 50 basis points from the qu Show less Read more
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