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Kelly Services Reports Fourth Quarter and Full Year 2012 Results

Kelly Services News Release (01/31/13)

Kelly Services Inc. today reported net earnings of $8.9 million for the fourth quarter of 2012, compared with $24.1 million reported for the same period in 2011. Net earnings for the full year of 2012 totaled $50.1 million, down 13.6% from the prior year.

Earnings from operations for the fourth quarter of 2012 totaled $9.8 million, compared with $12.7 million reported for the fourth quarter of 2011—a 2.9% decline. U.S. revenues were $877.9 million in the quarter.

Earnings from operations for the full year of 2012 totaled $72.3 million, a 14.6% increase from the $57.7 million reported in 2011. U.S. revenues were $3.4 billion in 2012.