Kforce (KFRC) Reports In-Line Q1 EPS; Guides Q2 Above Views

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Kforce Reports First Quarter 2021 Revenue of $363.2 Million, Up 10.1% Year-Over-Year on a Billing Day Basis; Tech Flex Revenues Grew 3.1% Sequentially and 6.3% Year-Over-Year on a Billing Day Basis; T

May 3, 2021 4:01 PM EDT

TAMPA, Fla., May 03, 2021 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a professional staffing services and solutions firm, today announced results for the first quarter of 2021.

Quarterly Financial Highlights

Revenue for the quarter ended March 31, 2021 was $363.2 million, an increase of 1.0% sequentially and 10.1% year-over-year, on a billing day basis.Tech Flex revenues increased 3.1% sequentially and 6.3% on a year-over-year billing day basis.FA Flex revenue decreased 5.8% sequentially but increased 26.4% year-over-year per billing day, including $24.0 million related to the... More