Kelly Services management commentary: ETM, SET momentum drives Q3 2026 performance
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- Kelly Services management commentary attributed third-quarter performance to ETM and SET momentum; revenue fell 0.8% to $927 million.
- Underlying revenue grew 2.3%, excluding reduced demand from the federal government and three large ETM clients.
- Adjusted EBITDA rose 29% to $21.3 million, supported by stronger service mix, higher permanent placement fees and lower operating expenses.
- ETM underlying revenue increased 7.7% on stronger staffing and Talent Solutions demand; SET benefited from growth in outcome-based solutions.
- Education revenue declined 6.4% as lower enrollment reduced substitute-teacher demand; management also cited slower-than-expected conversion of therapy demand.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kelly Services Inc. published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.
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