Kelly Services INC 8-K filings

Kelly Services reported a 34% increase in adjusted operating earnings for Q1 2024, despite a revenue decrease primarily due to the sale of its European staffing operations.

Kelly Services has agreed to acquire Motion Recruitment Partners for $425 million in cash, with a potential additional $60 million earn-out, to bolster its technology staffing and recruitment process outsourcing (RPO) solutions.

Kelly Services reported flat revenue but improved adjusted operating earnings and EBITDA margin in Q4 2023, driven by cost reductions and strategic initiatives.