Kelly Services News Release (11/07/12)
Kelly Services Inc. today announced results for the third quarter of 2012. Carl T. Camden, president and chief executive officer, announced revenue for the third quarter of 2012 totaled $1.4 billion, a 4% decrease compared with the corresponding quarter of 2011. Earnings from operations for the third quarter of 2012 totaled $24.0 million, compared with $22.1 million reported for the third quarter of 2011.
Commenting on the third quarter results in a challenging global economy, Camden stated, “We are very pleased that we were able to improve gross profit, keep expenses in line, and create leverage to improve our operating earnings by nearly 9% year-over-year, despite a deceleration in revenue.”