Kelly Expects To Achieve Q4 Adjusted EBITDA Margin Of 2.8% To 3.0%, Reflecting Impact Of Market Conditions That Are More Challenging Than Anticipated
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Kelly Services (KELYA) expects to achieve a Q4 adjusted EBITDA margin of 2.8% to 3.0%, reflecting the impact of more challenging market conditions than anticipated.
November 09, 2023 | 12:35 pm
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Kelly Services expects a Q4 adjusted EBITDA margin of 2.8% to 3.0%, which is impacted by challenging market conditions.
The company's expected lower EBITDA margin indicates that it is facing challenges in its operations, which could negatively impact its profitability and thus its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100