- Kelly Services (NASDAQ:NASDAQ:KELYA) reports revenue rose 0.6% on a constant currency basis in Q2.
- Total Americas revenue from services decreased 2.3% to $876.9M (-1.4% on a constant currency basis).
- Total EMEA revenue from services +0.7% to $240.2M (+2.8% on a constant currency basis).
- Total APAC revenue from services dropped 3.5% to $91.97.1M (+0.6% on a constant currency basis).
- Total OCG revenue from services expanded 5.4% to $173.9M (+5.9% on a constant currency basis).
- Gross margin rate increased 70 bps to 16.8%.
- SG&A expense rate grew 80 bps to 16%.
- Operating margin rate fell 10 bps to 0.7%.