Kforce Inc. reported fourth-quarter 2024 revenue of $343.8 million and full-year 2024 diluted earnings per share of $2.68. The company's Technology business experienced stable demand throughout 2024, despite operating in an uncertain macroeconomic environment. Management stated that the company is well-positioned to gain market share in 2025.
The Board of Directors approved an increase in the quarterly dividend to $0.39 per share, marking the sixth consecutive annual increase. The first quarter cash dividend is payable on March 21, 2025, to shareholders of record as of March 7, 2025. This action reflects the company's strong balance sheet and consistent cash flow generation.
Looking ahead to the first quarter of 2025, Kforce provided guidance for revenues in the range of $327 million to $335 million. Diluted earnings per share for the first quarter are projected to be between $0.53 and $0.61. The company continues to invest in strategic initiatives to drive long-term returns.
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