Kforce (KFRC) exhibited robust financial performance in Q4 2024, with notable revenue and expense trends:
- Revenue Trend: KFRC's total revenue for Q4 2024 amounted to $1.29 billion1. This represents a significant increase from the previous quarter, indicating a strong business performance.
- Expense Trend: The total expenses for the same period were $343.78 million1. While this is a necessary cost for the company's operations, the high revenue indicates that KFRC is managing its expenses effectively to maintain profitability.
- Segmental Analysis: When analyzed by segment, KFRC's revenue is distributed across various business areas, including Technology, Finance and Accounting, Flexible Billings, and Direct Hire. The Technology segment contributed the most to the revenue, followed by Finance and Accounting and Flexible Billings1.
- Net Income: KFRC reported a net income of $11.06 million for Q4 20241. This figure underscores the company's ability to generate profit from its operations, which is a positive indicator for stakeholders.
In conclusion, KFRC's revenue and expenses in Q4 2024 reflect a company that is not only growing its top line but also managing its costs efficiently to maintain healthy financial margins.