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Kforce Reports Fourth Quarter and Full Year 2013 Results

Kforce Inc. News Release (02/11/14)

Kforce Inc. reported revenues of $302.9 million in the fourth quarter of 2013, up 12.3% from $269.8 million during the fourth quarter of 2012. The company reported adjusted net income of $9.1 million, up 6.6% from $8.6 million in the year-ago quarter.

Total revenue for the year was $1.15 billion, up 6.4% from $1.08 billion in 2012, and adjusted net income was $28.2 million, down 8.4% from $30.8 million on a year-to-year basis. “I think we are entering a new era for staffing. Our industry as a whole is actually in a time of prosperity, and we see that continuing for the foreseeable future,” said David Dunkel, Kforce chairman and chief executive officer.