Earnings Call Summary | Kforce(KFRC.US) Q4 2023 Earnings Conference
Earnings Call Summary | Kforce(KFRC.US) Q4 2023 Earnings Conference
The following is a summary of the Kforce Inc. (KFRC) Q4 2023 Earnings Call Transcript:
以下是Kforce Inc.（KFRC）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Kforce Inc. reported a decline in technology revenues in 2023, similar to the 2009 Great Recession.
Despite the challenges, Q4 2023 saw a return to sequential growth in technology revenue.
The company returned almost $95 million in capital to shareholders via dividends and open market repurchases in 2023.
Total revenues for fiscal 2023 were $1.53 billion, marking a decrease of approximately 10% YoY.
GAAP earnings per share for 2023 were $3.13, resulting in a 15% YoY decrease.
Operating margin for the year was 6%, exceeding top-end expectations, with EBITDA at $116 million and operating cash flows of $91.5 million.
The company expects Q1 2024 revenues to be between $351 million and $359 million, with earnings per share between $0.54 and $0.62.
Kforce Inc.報告稱，2023年科技收入有所下降，與2009年的大蕭條類似。
儘管面臨挑戰，但2023年第四季度科技收入恢復了連續增長。
該公司在2023年通過分紅和公開市場回購向股東返還了近9500萬美元的資本。
2023財年的總收入爲15.3億美元，同比下降約10％。
2023年的GAAP每股收益爲3.13美元，同比下降15％。
該年度的營業利潤率爲6％，超出了高端預期，息稅折舊攤銷前利潤爲1.16億美元，運營現金流爲9,150萬美元。
該公司預計，2024年第一季度收入將在3.51億美元至3.59億美元之間，每股收益在0.54美元至0.62美元之間。
Business Progress:
業務進展：
In 2023, Kforce chose Workday as their future enterprise cloud application, aiming for a full implementation in the coming years.
They are making continuous progress implementing AI to improve efficiency and productivity, and expect AI demand to continue to grow.
Amid potential US economic recession in 2024, they plan to monitor performance indicators closely and adjust business strategy accordingly.
Kforce is focusing on broadening service offerings beyond traditional staffing, including managed teams and project solutions.
The firm's portfolio carries a diverse set of large market-leading customers, showing potential for long-term sustainable growth.
With their back-office transformation program, the firm aims to drive a 100 basis-point improvement.
The company anticipates key technology investments to increase as macro uncertainties start to clear.
2023年，Kforce選擇Workday作爲他們未來的企業雲應用程序，目標是在未來幾年全面實施。
他們在實施人工智能以提高效率和生產力方面正在取得持續進展，並預計人工智能需求將繼續增長。
在2024年美國經濟可能出現衰退的情況下，他們計劃密切監控業績指標並相應地調整業務戰略。
Kforce專注於擴大傳統人員配置以外的服務範圍，包括管理團隊和項目解決方案。
該公司的投資組合擁有多元化的市場領先客戶，顯示出長期可持續增長的潛力。
通過其後臺轉型計劃，該公司的目標是推動100個點子的改進。
該公司預計，隨着宏觀不確定性開始消除，關鍵技術投資將增加。
More details: Kforce IR
更多詳情： Kforce 紅外
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