Kelly Services Reports Net Earnings of $10.9 Million for the First Quarter of 2023

Kelly Services, Inc.(KELYA), a global workforce soluti ons provider, has released its unaudited consolidated financial results for the first quarter ended April 2, 2023. The company reported net earnings of $10.9 million for the quarter, a positive turnaround from the net loss of $47.6 million in the same period last year. The company's revenue from services for the first quarter of 2023 amounted to $1.27 billion, compared to $1.30 billion in the first quarter of 2022.

Net Earnings/Loss

Kelly Services' financial performance showed a significant improvement in the first quarter of 2023, with net earnings reaching $10.9 million. This marked a notable rebound from the net loss of $47.6 million reported in the corresponding period of the previous year. The company's efforts to optimize operations and manage costs contributed to this positive outcome.

Revenue from Services