Financial Performance - Q2 2025 - Revenue decreased slightly by 0.5% to $35.5 million compared to $35.7 million in Q2 2024[5] - Adjusted net revenue increased by 5.8% to $18.6 million from $17.6 million in Q2 2024[5] - SG&A expenses increased by 2.7% to $17.3 million compared to $16.9 million in Q2 2024[5] - Adjusted EBITDA increased significantly by 76.6% to $1.3 million from $0.7 million in Q2 2024[5] - Net loss increased by 56.3% to $(0.7) million from $(0.4) million in Q2 2024[5] Financial Performance - YTD Q2 2025 - Revenue decreased by 3.2% to $67.4 million compared to $69.6 million in YTD Q2 2024[8] - Adjusted net revenue increased by 3.2% to $35.0 million from $33.9 million in YTD Q2 2024[8] - SG&A expenses decreased by 1.0% to $34.4 million compared to $34.7 million in YTD Q2 2024[8] - Adjusted EBITDA increased significantly by 181.4% to $0.6 million from $(0.8) million in YTD Q2 2024[8] - Net loss decreased by 26.8% to $(2.4) million from $(3.3) million in YTD Q2 2024[8] Regional Performance - Q2 2025 - Americas revenue increased by 2.4% to $7.1 million[11] - Asia Pacific revenue decreased by 4.8% to $21.6 million, but adjusted net revenue increased by 15.9% to $8.8 million[14] - EMEA revenue increased by 12.2% to $6.8 million, but adjusted net revenue decreased by 4.0% to $3.5 million[17]

Core Insights - KellyOCG + Sevenstep received the Morton Long-Term Partnership Award at the 2025 TIARA Talent Solutions Awards for their successful collaboration with a Fortune 10 global healthcare enterprise [1][2][3] Group 1: Award Recognition - The TIARA Talent Awards celebrate excellence in recruitment process outsourcing (RPO) and managed service provider (MSP) sectors, with the Morton Long-Term Partnership Award recognizing relationships demonstrating sustained success over at least five years [2] - KellyOCG + Sevenstep's collaboration with their client was highlighted for scaling annual hires while managing significant organizational changes with agility and empathy [3] Group 2: Client Relationship and Achievements - The six-year RPO relationship with the healthcare enterprise has been pivotal in navigating various hiring challenges, including a rapid shift to remote work and a significant hiring volume decrease of 80% within two weeks, followed by a hiring rebound that required expanding the RPO team from 35 to 105 in one quarter [4] - Currently, KellyOCG + Sevenstep supports the healthcare client across 25 business segments and three brands, managing approximately 10,000 hires annually [5] Group 3: Value Proposition - The recognition reflects the value of trusting relationships built by KellyOCG + Sevenstep, emphasizing consultative problem-solving and a shared commitment to client success [6] - The ability to adapt to the human and technological demands of rapid team changes is crucial for employers seeking effective talent solutions [6]

Core Insights - KellyOCG has been recognized as a Partner-level supplier for 2024 in the John Deere Achieving Excellence Program, which is the highest supplier rating from Deere & Company [1][3] - The recognition highlights KellyOCG's commitment to providing high-quality products and services, as well as its dedication to continuous improvement [2][4] Company Performance - KellyOCG is a supplier of Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO) solutions specifically for John Deere's operations in the U.S. and Canada [2] - The Achieving Excellence program evaluates suppliers annually based on key performance categories such as quality, delivery, process alignment, value creation, and relationship [3] Industry Context - The Achieving Excellence program was established by John Deere Supply Chain in 1991 to promote continuous improvement among suppliers [3] - KellyOCG has achieved Partner-level supplier recognition five times, indicating a consistent performance in meeting John Deere's standards [3]