FINANCIALS: Kelly Services sees rise in revenue

Recruitment giant Kelly Services has seen revenue rise 6.5% year-on-year in the third quarter of 2017.

Q3 2017 financials, released yesterday, reveal revenue of $1.3bn (£990m), up 6.5%, or 5.3% in constant currency, on the same quarter last year, with Q3 operating earnings of $18.2m, down 3% on the previous year and earnings per share of $0.58, compared to $2.06 in Q3 2016.

George Corona, president and CEO, commented: “Our third quarter performance confirmed that we are continuing to drive top-line growth and shareholder value, even as we invest in talent, technology and solutions to accelerate our progress.

“Our acquisition of Teachers On Call and our decision to implement a digital talent platform confirm that we are not content to stop at short-term growth, and we are strategically positioning Kelly for long-term success as the world of work evolves.”

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