Kforce Records 5.6 Percent Revenue Increase
November 6, 2013 – Kforce Inc./(NASDAQ:KFRC), a provider of professional staffing services and solutions, has posted revenues of $299.7 million for the third quarter ended September 30, 2013, an increase of 5.6 percent from $270.2 million a year ago. The company reported net income of $9.0 million, or $0.27 per share, versus net income of $9.3 million, or $0.26 per share, during last year’s comparable quarter. David L. Dunkel, chairman and CEO, said: “We are very pleased with our performance in the third quarter, as Kforce achieved record high quarterly revenues of $299.7 million and earnings per share of 27 cents driven by Tech Flex, our largest business segment, whose growth accelerated to 14.2 percent year-over-year. The talent investments we have made are taking hold, demand is strong, and we expect an acceleration of year-over-year growth in Q4.”