Kelly Services, Inc. reported a loss in the third quarter, with shares trading 14.20% down at $9.79 on the Nasdaq. The firm reported a net loss of $150.1 million, with a loss per share of $4.26 compared to earnings per share of $0.02 a year ago. Analysts had expected the company to earn $0.41 per share. Kelly’s operating loss was $102.1 million, and adjusted EBITDA was $16.5 million, lower than the prior year. Revenue from services was $935 million, 9.9% lower than last year, with analysts expecting $1.02 billion.

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