Kelly Services, Inc. (NASDAQ:KELYA) Q3 2023 Earnings Call Transcript

Peter Quigley: I would say on reactive basis. So companies that are bringing themselves to market, it’s still a little bit tepid. I mean we see a lot of — the quantity is there but the quality isn’t there. And we’re not going to we’re not going to chase properties, unless they are high growth, high margin, quality and that it would be a good fit for Kelly. But about three years ago, when we set up our operating model, we recognize that we needed to be more proactive in generating a pipeline of acquisition targets and we’ve been at work doing that. And that’s the areas that we’re focused on are in technology and education. And SET in general so Science Engineering Technology and Telecom and opportunistically in OCG, so we continue to plan on deploying our capital which we have now added to or will be adding to in those areas. And we think that’s going to accelerate the growth and the net margin improvement that we have on an organic basis.

Marc Riddick: I appreciate it. Thank you very much.

Peter Quigley: Okay. Thank you.

Operator: Thank you. [Operator Instructions]. And presenters there are no further questions in queue at this time.

Peter Quigley: Okay. Keelly thanks. I think we can call it a day then. Thank you.

Olivier Thirot: Thank you.

Operator: Thank you. And ladies and gentlemen, this conference is available for replay beginning at 11:30 Eastern Time today running through December 7 at midnight. You may access the AT&T replay system by dialing (866) 207-1041 and entering the access code of 7027637. International participants may dial (402) 970-0847. Those numbers again are (866) 207-1041 or (402) 970-0847 with the access code of 7027637. That does conclude our conference for today. Thank you for your participation and for using AT&T Event Conferencing. You may now disconnect.