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Kforce sees Q1 EPS 78c-86c, consensus 92c
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Kforce sees Q1 EPS 78c-86c, consensus 92c

Sees Q1 revenue $406M-$414M, consensus $418.67M. Sees Q1 effective tax rate 27.3%. Kye Mitchell, COO, said, "Our Technology business continues to be the primary driver to our success, with year-over-year growth of 7.6% and nearly 18% growth for the full year of 2022. Another strong signal is that we experienced continued acceleration in our average bill rates, which improved 1.7% sequentially to approximately $90 per hour. We believe the continued increase in bill rates reflects the continued demand environment for highly skilled talent and the criticality of these resources to our clients’ strategic priorities. We believe this is strong evidence that the secular demand drivers in the technology talent solutions space are more tightly correlated to our long-term success than fluctuations in the macro-economic environment."

Published first on TheFly

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