MARKET COMPOSITE
KELYA - Kelly Services, Inc.8:00:00 PM 5/17/2024
Price
$22.72
-0.09 (-0.41%)
Kelly Services, Inc. is an American office staffing company that operates globally. The company places employees at all levels in various sectors including financial services, information technology, and law. Also, its professional services include human resource and management consulting, outsourcing, recruitment, career transition, and vendor management. Kelly Services was founded by William Russell Kelly in 1946 and is headquartered in Troy, Michigan. Founded in 1946 by William Russell Kelly, the company was originally named Russell Kelly Office Service. Services were provided in-house at the Kelly office. However, as customer offices grew and needed more resources, they began to ask for the Kelly employees to perform the work at their own offices. Temporary workers from Russell Kelly Office Service soon became known as ‘Kelly Girls’. Adelaide Hess Moran, the first Kelly temporary employee to work at a customer’s office was promptly dubbed the first ‘Kelly Girl’.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue1.2B+10%
Gross Profit238.2MM+4%
Cost Of Revenue994MM+12%
Operating Income7.3MM-
Operating Expenses230.9MM-
Net Income11.4MM+73%
G&A230.9MM+1%
Interest Expense800K-20%
Stock Chart

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Stock news

    Kelly Services, Inc. (NASDAQ:KELYA) Q1 2024 Earnings Call Transcript May 11, 2024 Kelly Services, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to Kelly Services First Quarter Earnings Conference Call. [Operator Instructions] Today’s call is […]

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Kelly...

    Q1 2024 Financial Overview and Strategic Developments

    Kelly Services (KELYA) delivered earnings and revenue surprises of 21.74% and 0.02%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

    Q1 operating earnings of $26.8 million, or up 34% on an adjusted basis Q1 revenue down following sale of European staffing operations; down 2.6% on an organic basis Q1 adjusted EBITDA margin increased 110 basis points to 3.2% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations Company expects further expansion of EBITDA margin from the planned Q2 2024 acquisition of Motion Recruitment Partners, LLC ("MRP

    TROY, Mich., May 08, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, today announced it will participate in the 18th Annual Barrington Research Virtual Spring Investment Conference on Thursday, May 16, 2024. Peter Quigley, president and chief executive officer, Olivier Thirot, executive vice president and chief financial officer, Hugo Malan, president of Kelly Science, Engineering, Technology & Telecom, and Scott Thomas, investor relat

    Transformational acquisition strengthens scale and capabilities of Kelly’s staffing and consulting solutions across technology, telecommunications, and government specialties in North America, and recruitment process outsourcing (RPO) solutions globallyProvides Motion Recruitment Partners and its leading brands with a highly invested partner to enable continued growth Demonstrates Kelly’s commitment to rapidly redeploying capital and leveraging its strong balance sheet in pursuit of inorganic in

    Key Insights Kelly Services to hold its Annual General Meeting on 9th of May CEO Peter W. Quigley's total compensation...

    KellyOCG clients can now access and manage global independent talent pools on Upwork through Helix UX TROY, Mich., April 30, 2024 (GLOBE NEWSWIRE) -- KellyOCG, the outsourcing and consulting group of Kelly (Nasdaq: KELYA, KELYB), and Upwork (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent across the globe, have formed a strategic partnership that enables KellyOCG clients to source, hire, and collaborate with skilled independent professionals o

    TROY, Mich., April 24, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 9, 2024. In conjunction with its first-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via Internet:kellyservices.com Via the Telephon