Kforce Inc. announced first-quarter 2025 revenues of $330.0 million and diluted earnings per share of $0.45. While performance was generally consistent with the company's expectations, earlier optimism for U.S. economic growth has waned due to increased macroeconomic uncertainties. This shift may delay an acceleration of technology investments from many companies.
Technology Flex revenue declined 3.7% sequentially and 5.0% year-over-year on a GAAP basis. Finance and Accounting Flex revenue saw a more significant decline, falling 12.8% sequentially and 23.2% year-over-year on a GAAP basis. Direct Hire revenue also declined sequentially, reflecting sensitivity to current market conditions.
For the second quarter of 2025, Kforce provided guidance, projecting revenues between $332 million and $340 million. Diluted earnings per share are expected to be in the range of $0.53 to $0.61. The company noted that mission-critical initiatives continue to be prioritized by clients, but broader resource additions are awaiting increased confidence in the economic outlook.
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