Kelly Services News Release (08/05/15)
Kelly Services Inc. reported revenue of $1.39 billion in the second quarter of 2015, down 1.8% (up 3.9% in constant currency) from $1.41 billion in the second quarter of 2014. Net earnings totaled $6.8 million, up from $2.8 million in the year-ago quarter. Included in the results of operations in the second quarter of 2014 are restructuring charges of $1.8 million. U.S. revenues were $924 million, an increase of 4% over 2014.
“I’m pleased to report that Kelly once again delivered strong operating leverage and improved returns,” said Carl T. Camden, president and chief executive officer. “On a constant currency basis, we grew second quarter revenue and held our expenses relatively flat, dropping more than half of our gross profit growth to the bottom line.”
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.