Kforce Posts Slight Q3 Revenue Gain

November 2, 2012 – Kforce Inc./(NASDAQ:KFRC), a provider of professional staffing services and solutions, has posted revenues of $270.2 million for the third quarter ended September 30, 2012, an increase of 3.5 percent from $261 million a year ago. The company reported net income of $9.3 million, or $0.26 per share, versus net income of $8.4 million, or $0.22 per share, during last year’s comparable quarter. David L. Dunkel, chairman and CEO, said: “The environment for professional staffing and the demand for our services, particularly in technology staffing, continues to be positive. Over the past few quarters, however, revenue growth has slowed as the uncertain economic outlook is dampening demand. The unemployment rate among college-degreed workers is roughly half that of the overall U.S. rate of unemployment, and is substantially lower in several of the skill sets in which Kforce specializes.”