Kforce, Inc. (KFRC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

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 filings and other reports and filings 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. Results for the third quarter exceeded our expectations across the board. With overall revenues of $332.6 million and earnings per share of 63 cents, both surpassing the high end of guidance. We mentioned on our last call that we experienced unexpected early quarter assignment ends at a select few clients in our technology business. Subsequently, We were successful at driving a consistent expansion in the number of consultants on assignment throughout the third quarter. I also want to recognize the progress our team has made stabilizing and now meaningfully growing our FAA business. I'm very proud of our team's accomplishment in driving this business forward against a persistently challenging macro backdrop. The momentum that we've seen has carried into the fourth quarter, which puts us in a position to expect to deliver sequential billing day growth in the fourth quarter in both our technology business and our FAA business. The ongoing federal government shutdown, along with the continuing global trade negotiations and potential derivative negative effects on the US consumer and broader US economy continues to make the near-term outlook hard to predict as exhibi...