Robert Half Int.

Robert Half International, Inc. engages in the provision of staffing and risk consulting services. It operates through the following segments: Temporary and Consultant Staffing, Permanent Placement Staffing and Risk Consulting & Internal Audit Services. The Temporary and Consultant Staffing segment offers staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing, and web design fields. The Permanent Placement Staffing segment provides full-time personnel in the accounting, finance, administrative & office and information technology fields. The Risk Consulting and Internal Audit Services segment comprises business and technology risk consulting and internal audit services. The company was founded by Robert Half in 1948 and is headquartered in Menlo Park, CA.

Earnings data Q1 2021

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Robert Half Int. (RHI) reports robust Q4 growth and strategic acquisitions

Robert Half Int. (RHI) delivered strong financial performance in Q4 2022.
The company faces challenges in certain segments but sees opportunities in others.
Optimism remains high despite global macroeconomic uncertainty and tight labor markets.
Q1 guidance reflects a mix of challenges and opportunities for the company.

Robert Half Int. reports Q1 revenue decline, Protiviti growth

RHI's Q1 performance reflects revenue decline but strong Protiviti growth and positive bill rate trends.
Challenges include tight labor markets, client hiring caution, and margin pressure from macro conditions.
Opportunities lie in public sector tech work turnaround, international market bill rate adjustments, and risk consulting growth.

Robert Half Int. reports Q2 revenue decline amidst global uncertainty

Robert Half Int. faced revenue decline and reduced net income per share in Q2 2023, impacted by prolonged client hiring cycles and global uncertainty.
Strong cash flow and return on invested capital were highlights, while Protiviti's margins were affected by softer revenues in certain segments.
Client caution and project delays remain challenges, but opportunities exist in candidate sourcing strategies and future hiring potential.

Robert Half Int. reports Q3 revenue decline, eyes international growth

Robert Half International faced revenue declines in Q3 but demonstrated resilience with cost-saving measures and strong return on invested capital.
International markets outperformed the U.S., while AI investments and job openings present growth opportunities.
Challenges include client caution, margin pressures, and holiday impacts on hiring demand, but positive trends in Q3 offer optimism.
Q4 guidance remains conservative, reflecting recent improvements and cost actions, with a focus on future capacity needs and efficiency.

Robert Half Int. reports Q4 revenue decline, eyes margin growth

Robert Half Int. (RHI) faced revenue decline in Q4 2023, with a strong focus on cost management and margin improvement initiatives to drive profitability. Protiviti's performance was mixed, with margin improvement and revenue growth in key segments offset by challenges in Talent Solutions and economic uncertainties.
The company's strong return on invested capital and diversified revenue streams position it well for future growth opportunities, particularly in regulatory risk and compliance, technology consulting, and public sector engagements. Addressing challenges related to cost management and economic conditions will be crucial for sustained performance.
Overall, Robert Half Int. (RHI) remains resilient amidst market challenges, with a strategic focus on margin enhancement, revenue diversification, and operational efficiency. The company's ability to adapt to changing market dynamics and capitalize on growth opportunities will be key to driving long-term shareholder value.

Robert Half Int. reports Q1 revenue decline but anticipates sequential growth

Robert Half Int. faced revenue decline in Q1 but anticipates sequential earnings growth, focusing on cost control and AI investments for future success.
Challenges include industry-wide staffing issues and margin pressures from price competition, but opportunities lie in tailored client solutions and technology innovation.
Overall, the company remains cautiously optimistic about growth prospects and is adapting to market dynamics to drive profitability.
Investors should monitor how Robert Half Int. navigates margin challenges and leverages AI investments for competitive advantage.

Robert Half Int. reports Q2 revenue decline, focuses on efficiency

Robert Half Int. faced revenue challenges in Q2 2024 but demonstrated strengths in capital efficiency and pricing power.
Addressing segment-specific issues and seizing growth opportunities will be crucial for sustained performance improvement.
Efficient cost management and strategic initiatives can position the company for enhanced financial outcomes in the future.

Robert Half Int. (RHI) reports Q3 revenue decline, eyes growth opportunities

Robert Half Int. (RHI) faced a decline in revenues and net income per share in Q3 2024, with challenges in maintaining gross margins for Talent Solutions and Protiviti.
Despite these challenges, Protiviti showcased strength in the U.S. market, with opportunities for growth and improved profitability as macroeconomic conditions improve.
The company's focus on efficient resource management and stable hiring trends position it well for future growth and enhanced financial performance.
With a positive outlook for Q4 and expectations of improved operating margins, Robert Half Int. is poised for continued success and market expansion.

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Robert Half, Inc. engages in the provision of talent solutions and business consulting services. It operates through the following segments: Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti. The Contract Talent Solutions segment refers to the fields of finance and accounting, technology, marketing and creative, legal, and administrative and customer support. The Permanent Placement Talent Solutions segment focuses on accounting, finance, tax, and accounting operations personnel. The Protiviti segment solves problems in finance, technology, operations, data, digital, legal, human resources, governance, risk, and internal audit. The company was founded by Robert Half in 1948 and is headquartered in Menlo Park, CA.

Consulting firm earns top score on Disability Equality Index MENLO PARK, Calif. , July 16, 2024 /PRNewswire/ -- Global consulting firm Protiviti has earned a place on the 2024 Best Places to Work for Disability Inclusion list, earning a top score of 100.

Protiviti Recognized as a 2024 Best Place to Work for Disability Inclusion

Global talent solutions and business consulting firm recognized for excellence in employee satisfaction, growth and sustainability MENLO PARK, Calif. , July 15, 2024 /PRNewswire/ -- Global talent solutions and business consulting firm Robert Half (NYSE: RHI), including its subsidiary Protiviti, has been recognized on TIME's inaugural list of America's Best Midsize Companies for 2024.

Robert Half Selected as One of America's Best Midsize Companies by TIME

Robert Half faces selling pressure due to increased unemployment in 2024. Yet, a normalized pre-COVID job market could increase demand for the firm's services. Today's share undervaluation is close to past recessions, but with a much smarter dividend yield proposition. Rare technical momentum strength has appeared since June, which could signal an oversized share price advance is approaching into 2025-26.

The Bottom Fishing Club: Robert Half, Dividend Play With Turnaround Potential

MENLO PARK, Calif. , June 27, 2024 /PRNewswire/ -- Global consulting firm Protiviti announced it has been named a finalist for the 2024 Compliance Microsoft Partner of the Year Award.

Protiviti Recognized as a Finalist of 2024 Compliance Microsoft Partner of the Year

More than three-quarters of professionals are happy in their current role and report high confidence in their skills and abilities Employers will need to uplevel their hiring strategies to attract top talent MENLO PARK, Calif. , June 26, 2024 /PRNewswire/ -- Despite elevated job openings, the Big Stay is not going away, according to new research from talent solutions and business consulting firm Robert Half.

Career Satisfaction Has Fewer Workers Planning to Change Jobs Compared to One Year Ago

Company recognized as a top workplace in the Bay Area by the San Francisco Business Times/Silicon Valley Business Journal and Fortune MENLO PARK, Calif. , June 14, 2024 /PRNewswire/ -- For the third consecutive year, global talent solutions and business consulting firm Robert Half (NYSE: RHI) has been recognized as one of the 2024 Bay Area Best Places to Work by the San Francisco Business Times and the Silicon Valley Business Journal.

Robert Half Again Ranks as the No. 1 Best Place to Work in the Bay Area

Robert Half's (RHI) Protiviti launches ProtivitiGPT to advise clients on this rapidly evolving technology and enhance efficiency.

Robert Half (RHI) Subsidiary Unveils Generative AI Tools

Consulting firm one of 25 Best Large Companies recognized for corporate culture and employee experience MENLO PARK, Calif. , June 13, 2024 /PRNewswire/ -- Global consulting firm Protiviti has been named to the Fortune Best Workplaces in the Bay Area 2024 ™ list.

Protiviti Named a 2024 Fortune Best Workplace in the Bay Area

New tools leverage Protiviti's AI expertise, enabling the firm to advise clients on this rapidly emerging technology and improve efficiency MENLO PARK, Calif. , June 12, 2024 /PRNewswire/ -- Protiviti recently introduced ProtivitiGPT, a custom-built firmwide internal generative AI based application to enhance the development of cutting-edge business solutions.

Protiviti Launches Generative AI Tools to Empower Clients and Enhance Internal Operations

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Learn the top tech skills in greatest demand and tips to position yourself in an AI-driven tech market MENLO PARK, Calif. , May 21, 2024 /PRNewswire/ -- BACKGROUND: In today's technology landscape, skilled workers are in demand.

ROBERT HALF: NEARLY TWO-THIRDS OF TECHNOLOGY LEADERS SAY THERE IS A SKILLS GAP ON THEIR TEAM, ACCORDING TO NEW REPORT

MENLO PARK, Calif. , May 20, 2024 /PRNewswire/ -- Global talent solutions and business consulting firm Robert Half (NYSE: RHI) has been named a Stevie Award winner in the 22nd Annual American Business Awards.

Robert Half Wins Stevie® Award for AI and Machine Learning

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62% of tech leaders feel the impact of skills gaps is more apparent today compared to a year ago New report highlights factors contributing to the skills gaps, tech leaders' top priorities and strategies for building future-forward tech teams MENLO PARK, Calif. , May 8, 2024 /PRNewswire/ -- Rapid change, evolving business priorities and the rise of artificial intelligence (AI) have created a significant challenge for today's tech leaders: critical skills gaps on their teams.

New Robert Half Research Reveals Severity of the Technology Skills Gap Amid Talent Shortage

MENLO PARK, Calif. , May 7, 2024 /PRNewswire/ -- Global talent solutions and business consulting firm Robert Half (NYSE: RHI) has again ranked number one on Forbes' list of America's Best Professional Recruiting Firms, for the sixth consecutive year.

Robert Half Ranks No. 1 on Forbes List of America's Best Professional Recruiting Firms 2024

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69% of North American Business leaders believe that their government will have a positive impact on their business, outpacing Europe and Asia-Pacific MENLO PARK, Calif. and LONDON , May 2, 2024 /PRNewswire/ -- Half of global business leaders expect their government will have a positive impact on their companies' success over the next decade, according to the results of a new survey conducted by global consulting firm Protiviti in collaboration with the University of Oxford.

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Yes, love is in the air this spring and one of the objects of Wall Street's affection is Robert Half, Inc.

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Robert Half is a well managed company in a growth cyclical business. The contract talent market has been in decline for almost two years, and we expect that trend to reverse sometime over the next 12 months. The success of Protiviti has changed the complexion of RHI, and should be additive to growth and margins longer term.

Robert Half: Still Fighting The Staffing Cycle, But This High Quality Stock Is Worth Owning

MENLO PARK, Calif. , April 26, 2024 /PRNewswire/ -- Global talent solutions and business consulting firm Robert Half (NYSE: RHI), including its subsidiary Protiviti, has been named by Forbes as one of America's Best Employers for Diversity for the sixth consecutive year.

Forbes Names Robert Half One of America's Best Employers for Diversity

Robert Half's (RHI) first-quarter 2024 revenues decrease year over year.

Robert Half's (RHI) Q1 Earnings Surpass Estimates, Decline Y/Y

Robert Half Inc. (NYSE:RHI ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Keith Waddell - President and CEO Michael Buckley - CFO Conference Call Participants Andrew Steinerman - JPMorgan Mark Marcon - Baird Princy Thomas - Barclays Trevor Romeo - William Blair Jasper Bibb - Truist Securities Heather Balsky - Bank of America Stephanie Moore - Jefferies Jeff Silber - BMO Capital Markets George Tong - Goldman Sachs Kartik Mehta - Northcoast Research Operator Hello, and welcome to the Robert Half First Quarter 2024 Conference Call. Today's conference call is being recorded.

Robert Half Inc. (RHI) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Robert Half (RHI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Robert Half (RHI) Q1 Earnings: A Look at Key Metrics

Robert Half (RHI) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $1.14 per share a year ago.

News for Robert Half Int. Stock (RHI)