Kforce (KFRC) Tops Q2 EPS by 16c; Guides Higher

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Second Quarter 2020 Revenue of $343.0 Million, Up 1.2% Year Over Year, EPS of $0.47; Tech Flex Declined 3.0% Year Over Year

August 10, 2020 4:01 PM EDT

TAMPA, Fla., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a professional staffing services and solutions firm, today announced results for the second quarter of 2020.

Quarterly Financial Highlights

Revenue for the quarter ended June 30, 2020 was $343.0 million compared to $338.9 million for the quarter ended June 30, 2019, an increase of 1.2%.Flex revenue of $336.4 million in the quarter ended June 30, 2020 increased 3.4% from $325.4 million in the quarter ended June 30, 2019. Tech Flex revenue of $251.9 million declined 3.0% year over year. FA Flex revenue of $84.5 million, including $35.1 million related to the COVID-19 business, increased... More