Kforce, Inc. (KFRC) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press star followed by the number one on your telephone keypad. Once again, star one. And if you'd like to withdraw your question, simply press star one again. Thank you. I would now like to turn the call over to Joe Liberatore, President and CEO. Joe, please go ahead. Good afternoon and thank you for your time today. This call contains certain statements that are forward-looking, are based upon current assumptions and expectations, and are subject to risk and uncertainties. Actual results may vary materially from the factors listed in K-Force's public filing and other reports and filing with the SEC. We cannot undertake any duty to update any forward-looking statements. You can find additional information about our results in our earnings release and our SEC filings. In addition, we have published our prepared remarks within the investor relation portion of our website. Like many others, we entered 2025 with a general sense of optimism for the U.S. economic growth with the expected derivative benefit being a boost in our client's confidence in accelerating investments in technology initiatives that have been deferred for the last several years. The signs of a slowing mid-Q1, followed by the announcement of significant tariffs for which the outcome and impact remains unclear, reintroduce many uncertainties into the U.S. economic outlook. The general tonality as we sit here today is that the earlier optimism has waned to a degree and the macro uncertainties have increased, which may delay an acceleration of investment for many companies. With that...