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Kelly Services Reports 4th Quarter and Full Year 2011 Results

Kelly Services News Release (02/02/12)

Kelly Services Inc. announced results for the fourth quarter and full year 2011. Carl Camden, president and chief executive officer, said revenue for the fourth quarter of 2011 totaled $1.4 billion, a 5% increase compared to the corresponding quarter in 2010. Revenue for the full year totaled $5.6 billion, a 12% increase compared to the prior year. Net earnings for the fourth quarter of 2011 totaled $24.1 million, 65% higher than the $14.6 million reported for the fourth quarter of 2010.

In a conference call with investors, Camden stated, “We enter 2012 with cautious optimism. Thus far, positive economic trends are continuing, and that will lead to greater demand for our services.”