Kelly Services News Release (11/04/15)
Kelly Services reported revenue of $1.35 billion in the third quarter of 2015, down 3.2% (up 3.0% in constant currency) from $1.4 billion in the third quarter of 2014. Net earnings totaled $9.1 million, compared with $1.4 million in the year-ago quarter.
U.S. revenues totaled $899.8 million, up 3.0% from $873.7 million in last year’s third quarter. Revenue totaled $93.1 million for the Asia-Pacific region, down 8.3% (up 9.5% in constant currency) from $101.6 million. By segment, revenues were $171.8 million for outsourcing and consulting services, up 14.7% (up 16.8% in constant currency) from $149.8 million.
President and chief executive officer Carl T. Camden said, “Our third quarter results confirm that Kelly is operating as a more efficient organization, delivering both topline growth and operating leverage. We’re expanding Kelly’s role as a trusted talent adviser to many of the world’s top companies.”
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.