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Kforce Reports First Quarter 2025 Revenue of $330.0 Million and EPS of $0.45
TAMPA, Fla., April 28, 2025--Kforce Inc. (NYSE: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the first quarter of 2025.
About this update from Kforce, Inc.
TAMPA, Fla., April 28, 2025--(BUSINESS WIRE)--Kforce Inc. (NYSE: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the first quarter of 2025. Joseph J. Liberatore, President and Chief Executive Officer, said, "Our first quarter performance was generally consistent with our expectations. Like many others, we entered 2025 with a general sense of optimism for U.S. economic growth with the expected derivative benefit being a boost in our clients’ confidence in accelerating investments in technology initiatives that have been deferred for the last several years. The general tonality as we sit here today is that the earlier optimism has waned to a degree, and the macroeconomic uncertainties have increased, which may delay an acceleration of investments from many companies. Regardless of the ultimate macroeconomic environment, we believe there remains an increasingly strong backlog of strategically imperative technology investments." Mr. Liberatore continued, "As we look ahead to the second quarter and the remainder of 2025, as has been the case over the last few years, we will continue to stay close to our clients, monitor our key performance indicators, and make any necessary adjustments to our business while continuing to invest in our long-term strategic priorities and retain our most productive associates. Our motto continues to be to control what we can control. Our domestically focused business and organic growth strategy continues to benefit our organization by eliminating any unnecessary distractions for our people so that their full energy is directed to partnering with our clients to help them solve their most important business challenges." Quarterly Financial Highlights Second Quarter 2025 - Guidance Looking forward to the second quarter of 2025, there will be 64 billing days, compared to 63 billing days in the first quarter of 2025 and 64 billing days in the second quarter of 2024. Current estimates for the second quarter of 2025 are: Conference Call On Monday, April 28, 2025, Kforce will host a conference call at 5:00 p.m. E.T. to discuss these results. The dial-in number is (800) 715-9871 and the conference passcode is "Kforce." The prepared remarks for this call and webcast are available on the Investor Relations page of the Kforce Inc. websi...