Robert Half International News Release (04/24/12)
Robert Half International Inc. reported net income of $48.3 million or $0.34 per share, on revenues of $1.02 billion, for the quarter ending March 31. Net income for the prior year’s first quarter was $26.7 million or $0.18 per share, on revenues of $880.9 million. Strong demand for specialized staffing and consulting services boosted revenue.
Staffing revenue in the U.S. rose 19.6% compared with the year before, while international revenue grew 9%. The increase in U.S. staffing was driven by a 28.1% increase in permanent job placements, while temporary placements were up 19%.
“We were pleased with our financial results for the quarter, which were the result of continued strong demand for our specialized staffing and consulting services,” says Harold M. Messmer Jr., chairman and chief executive officer of Robert Half International.
Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.