May. 12 at 5:55 PM
Noble Capital Markets Research Report: Kelly Services (
$KELYA) – MRP Integration Drives Strong Results
Q1 Results. The Company recorded revenue of
$1.16 billion, up 11.5% year-over-year, in line with our estimate of
$1.16 billion. Adj. EBITDA came in at
$34.9 million, up 4.8% over the prior year period and modestly lower than our estimate of
$36.5 million. Adj. EBITDA margin decreased 20 basis points to 3.0%. Furthermore, Kelly reported net income of
$0.16/sh. On an adjusted basis, EPS was
$0.39/sh compared to
$0.56/sh last year and our estimate of
$0.60/sh.
Read more: https://www.channelchek.com/news-channel/kelly-services-kelya-mrp-integration-drives-strong-results
