David Dunkel
David Dunkel
businesses capitalize efforts emerging few highly move qualified replace retention retiring screen search sets skilled technology training workers
With experienced IT workers retiring and too few highly skilled workers to replace them, training and retention efforts will be critical. Businesses need to move immediately to search for and screen qualified applicants, and technology professionals with the right skill sets will be well positioned to capitalize on emerging opportunities.
ability accelerate again associates balance believe capitalize cash continue cycle dynamics earnings enable firm flows footprint fourth generate gross higher highest hiring improve improvement leverage margin million operating operations permanent placement pleased pricing quarter remain results revenue sheet strong
We are pleased with our fourth quarter results which, we believe, again demonstrate the Firm's operating leverage and our ability to improve pricing as demonstrated by another sequential improvement in our flex gross margin and earnings per share. We believe that we can continue to migrate the Firm's flex revenue footprint to higher margin business, and are accelerating our hiring of permanent placement associates as the staffing cycle dynamics remain positive. We believe that our ability to generate cash flows from operations of $22.3 million in the fourth quarter, which are the highest quarterly cash flows from operations in the Firm's history, and our strong balance sheet will enable the Firm to capitalize on opportunities to accelerate our growth.