Kelly Services News Release (05/07/14)
Kelly Services Inc. reported revenue of $1.33 billion for the first quarter of 2014, up 1.2% from $1.31 billion in the first quarter of 2013. Net earnings totaled $2.5 million, down 80.5% from $12.9 million in the year-ago quarter.
Revenue for the U.S. totaled $839.9 million, essentially unchanged from $839.5 million on a year-to-year basis. By segment, revenue totaled $91.6 million for the Asia-Pacific region, down 0.1% (up 7.5% in constant currency) from $91.7 million, and $134.4 million for outsourcing and consulting services, up 25.1% (25.9% in constant currency) from $107.4 million.
Exclusive Guide From Gibraltar—Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.