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Kforce Inc. (KFRC) Q4 2024 Earnings Call Transcript

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Kforce Inc. (NYSE:KFRC) Q4 2024 Earnings Conference Call February 3, 2025 5:00 AM ET

Company Participants

Joe Liberatore – President and CEO
Dave Kelly – COO
Jeff Hackman – CFO

Conference Call Participants

Mark Marcon – Baird
Trevor Romeo – William Blair
Kartik Mehta – Northcoast Research
Tobey Summer – Truist Securities
Josh Chan – UBS
Marc Riddick – Sidoti

Operator

Well, hello everyone and welcome to the Kforce Q4 2024 Conference Earnings Call. Today’s call is being recorded.

I would now like to hand the call over to the President and CEO, Mr. Joe Liberatore. Please go ahead, sir.

Joe Liberatore

Good afternoon and thank you for your time today. This call contains certain statements that are forward-looking that are based upon current assumptions and expectations and are subject to risks and uncertainties.

Actual results may vary materially from the factors listed in Kforce’s public filings and other reports and filings with the SEC. We cannot undertake any duty to update any forward-looking statements. You can find additional information about our results in our earnings release, and our SEC filings. In addition, we have published our prepared remarks within the Investor Relations portion of our website.

Before I summarize our performance, our thoughts and prayers are with those impacted by the pure devastation the wildfires have caused in California. Tens of thousands of homes and businesses have been destroyed. And hundreds of thousands of people have been impacted by evacuation orders or warnings.

As to our performance, we have been operating in an uncertain macro environment for more than two years, though demand for our technology services stabilized early in 2024, and remained stable throughout the year. I am extremely proud, of how our teams have operated in this relatively subdued environment, as evidenced by our industry-leading performance in our Technology business yet again in

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