Kelly Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2022
November 10, 2022 at 02:28 pm
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Kelly Services, Inc. reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported net loss was USD 16.2 million compared to net income of USD 34.8 million a year ago. Basic loss per share from continuing operations was USD 0.43 compared to basic earnings per share from continuing operations of USD 0.87 a year ago. Diluted loss per share from continuing operations was USD 0.43 compared to diluted earnings per share from continuing operations of USD 0.87 a year ago.
For the nine months, net loss was USD 61.6 million compared to net income of USD 84.4 million a year ago. Basic loss per share from continuing operations was USD 1.62 compared to basic earnings per share from continuing operations of USD 2.12 a year ago. Diluted loss per share from continuing operations was USD 1.62 compared to diluted earnings per share from continuing operations of USD 2.12 a year ago.
Kelly Services, Inc. is a specialty talent and workforce solutions provider operating throughout the world. The Company operates through five segments: Professional & Industrial (P&I), Science, Engineering & Technology (SET), Education, Outsourcing & Consulting Group (OCG) and International. P&I segment delivers staffing, outcome-based and permanent placement services, providing administrative, accounting and finance, light industrial and contact center staffing and other workforce solutions in the United States and Canada. The SET segment delivers staffing, outcome-based and permanent placement services focused on science and clinical research, engineering, technology and telecommunications specialties. Its OCG segment delivers talent solutions including managed service provider (MSP), payroll process outsourcing (PPO), recruitment process outsourcing (RPO), and talent advisory services. International segment also delivers RPO talent solutions within its local markets.
KELLY SERVICES, INC. 
