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Kforce Reports Fourth-Quarter Earnings and Record Annual Revenues

Kforce Inc. News Release (02/10/15)

Kforce Inc. reported revenues of $318.7 million in the fourth quarter of 2014, up 13% from $282.1 million in the fourth quarter of 2013. Net income totaled $8.9 million, compared with a net loss of $8.2 million in the year-ago quarter.

Revenues for all of 2014 totaled $1.22 billion, up 13.4% from $1.07 billion in 2013. Net income totaled $90.9 million, up from $10.8 million in 2013. “Our growth is being driven across all business lines, including Tech Flex, our largest business segment,” said Kforce chairman and chief executive officer David Dunkel in a call with investors.

Team Health Holdings Inc. Announces Fourth-Quarter and Fiscal 2014 Financial Results

TeamHealth Holdings News Release (02/10/15)

Team Health Holdings Inc. reported net revenue of $790.7 million in the fourth quarter of 2014, up 27.2% from $621.8 million in the fourth quarter of 2013. Net earnings totaled $16.1 million, down 25% from $21.5 million in the year-ago quarter.

For all of 2014, net revenue totaled $2.82 billion, up 18.3% from $2.38 billion in 2013. Net earnings totaled $97.7 million, up 12% from $87.4 million in 2013.

BLS: Job Openings Rise in December

U.S. Bureau of Labor Statistics (02/10/15)

There were 5.0 million job openings on the last business day of December—the highest level of job openings since January 2001—and up from 4.8 million in November, according to the U.S. Bureau of Labor Statistics. Hires (5.1 million) and separations (4.9 million) were little changed in December. Within separations, the quits rate (1.9%) and the layoffs and discharges rate (1.2%) were unchanged. The job openings rate for December was 3.5%.

Free ASA Webinar Tomorrow—The ADA and FMLA

Don’t miss tomorrow’s ASA webinar “Key Knowledge for Staffing Firms: The FMLA and ADA,” 3–4 p.m. Eastern time. Learn about employer obligations under the Family and Medical Leave Act leave and Americans With Disabilities Act.

All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. This webinar qualifies for legal CE. To learn more and to register, visit americanstaffing.net.