Kforce Posts Revenue Rise for Q2
August 11, 2010 – Kforce Inc./(NASDAQ:KFRC), a provider of professional staffing services and solutions, has announced second quarter of 2010 revenue of $246.1 million, a increase of 8.9 percent from $226 million in revenues a year ago. The company earned net income of $5.1 million, or 13 cents per share, versus $3.9 million, or 10 cents per share, for the year-ago quarter. This represents a 31.7 percent increase in net income and 30 percent increase in earnings per share. “Discussions with clients, as well as our internal key performance indicators (KPI's), indicate that demand continues to strengthen, particularly in tech and F&A,” said William L. Sanders, president. “Accordingly, the firm continued to expand the strategic accounts team and has further invested in its national recruiting center as well as our field sales team to take advantage of this strengthening demand.”