Kforce's first quarter revenue reached $406.0 million, with Technology Flex revenue growing approximately 2.2% year-over-year. Earnings per share was $0.82. The company returned $17.0 million in capital to shareholders through share repurchases and dividends.
Revenue for the quarter was $406.0 million, a decrease of 2.6% year-over-year compared to $417.0 million in the same quarter last year.
Overall Technology revenue increased 1.4%, while FA revenue decreased 27.9% year-over-year.
Net income for the quarter was $16.2 million, or $0.82 per share, compared to $19.2 million, or $0.93 per share, in the same quarter last year.
The company returned $17.0 million to shareholders through $10.0 million in share repurchases and $7.0 million in dividends.
Kforce provided guidance for the second quarter of 2023, including revenue between $392 million and $400 million and earnings per share between $0.94 and $1.02.
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