Kforce (KFRC) Tops Q2 EPS by 1c

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Kforce Reports Second Quarter 2018 Revenues of $358.6 Million; Net Income of $16.3 Million; EPS of $0.65 Per Share, an Increase of 48% Year-Over-Year; Tech Flex Accelerates to 9.8% Year-Over-Year Grow

August 1, 2018 7:00 AM EDT

TAMPA, Fla., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a provider of professional staffing services and solutions, today announced results for its second quarter of 2018. Revenues for the quarter ended June 30, 2018 were $358.6 million compared to $340.3 million for the quarter ended June 30, 2017, an increase of 5.4%. Net income for the quarter ended June 30, 2018 was $16.3 million, or $0.65 per share, as compared to $11.1 million, or $0.44 per share, for the quarter ended June 30, 2017.

David L. Dunkel, Chairman and CEO, commented, We are very pleased with our second quarter results as our year-over-year growth rate in our largest business,... More