Kforce Posts Solid Revenue Increase
August 4, 2011 – Kforce Inc./(NASDAQ:KFRC), a provider of professional staffing services and solutions, has posted revenues of $274 million for the second quarter, an 11.3 percent increase compared to $246.1 million a year ago. For the quarter ended June 30, 2011, Kforce reported net income of $6.8 million, or $0.17 per share, versus $4.8 million, or $0.12 per share, for the quarter ended March 31, 2011, an increase of 40.2 percent in net income and 41.7 percent in EPS. “We believe Kforce is well positioned to service our clients' increasing desire for a more flexible workforce during this unique temporary employment-led recovery. We remain committed to our goal to surpass prior peak earnings in the cycle with a higher quality revenue stream that is less dependent upon permanent placement revenue,” said David L. Dunkel, chairman and CEO.