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Kforce reports $436M+ revenue in Q2

August 3, 2022 - Tampa-based Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, reported a $436.5 million revenue in the second quarter, an increase of 8.2% year-over-year. Net income for the quarter ended June 30, was $26.9 million, or $1.30 per share, versus $21.2 million, or $1.00 per share, from the prior second quarter. “I am pleased with our solid overall performance in the second quarter, which was fueled again by significant sequential and year-over-year growth in our Technology business. The macro environment has become a bit cloudier over the last several months and concerns as to the pace of overall economic growth have dominated headlines. We believe that we are ideally positioned heading into this uncertain macro landscape, however it ultimately plays out," President and CEO Joseph Liberatore said in the company's report. "There is simply no other market we would want to be focused in other than the domestic technology talent solutions space as it has, in our view, the greatest prospects for sustained growth. We have the right team in place to capture additional market share within what we believe will be a continued strong demand environment for our services."

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