Kforce's Q4 2020 revenue reached $354.0 million, a 5.3% increase year-over-year. EPS was $0.86, up 30.3% year-over-year. Tech Flex growth accelerated 5.7% sequentially on a billing day basis.
Revenue for the quarter ended December 31, 2020 was $354.0 million, an increase of 5.3% compared to the same quarter in 2019.
Technology business grew nearly 6% sequentially, per billing day, and resumed growth on a year-over-year basis of nearly 1%.
The company experienced the lowest level of technology assignment ends at year end on record, indicating strength in technology demand.
Board of Directors approved a 15% increase to the dividend from $0.20 per share to $0.23 per share, effective in the first quarter.
For Q1 2021, Kforce expects revenue between $354 million and $364 million and earnings per share between $0.57 and $0.65.
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