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Kforce Inc. Announces Third Quarter Revenues and EPS Will Likely Exceed Guidance

Kforce Inc. Announces Third Quarter Revenues and EPS Will Likely Exceed Guidance

Kforce Repurchased 4.6 Million Shares in the Third Quarter

Kforce Inc. (Nasdaq:KFRC), a provider of professional staffing services and solutions, today announced that it will likely exceed both prior revenues and earnings per share guidance issued on August 2, 2011 of revenues in the $276 million to $283 million range and earnings per share in the range of $0.17 to $0.19.

David L. Dunkel, Chairman and Chief Executive Officer, commented, "We are very pleased that the quarter progressed better than we had anticipated, and it now appears that revenues may approximate $289 million and earnings per share may approximate $0.22 per share. In addition, the Firm repurchased 4.6 million shares in the third quarter, which represented 10.8% of shares outstanding as of June 30, 2011. We look forward to further discussing our results on our November 1st conference call."  

On Tuesday, November 1, 2011 we will release third quarter results post-market and host a conference call to discuss those results. The call will begin at 5:00 p.m. EST. The dial-in number is (877) 344-3890. The conference passcode is Kforce. The replay of the call will be available from 8:00 p.m. EST. Tuesday, November 1 through November 15, 2011 by dialing (800) 642-1687, passcode 51841288.

This call is being webcast by Shareholder.com and can be accessed at Kforce's web site at www.kforce.com (select "Investor Relations"). The webcast replay will be available until November 15, 2011.

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