Robert Half Posts 11 Percent Revenue Decline

April 30, 2010 – Robert Half International Inc./(NYSE:RHI) has posted first quarter 2010 revenues of $737.2 million, an 11 percent decline from revenues of $823.3 million during the same period last year. For the quarter ended March 31, 2010, the company reported earnings of $8.5 million, or five cents a share, compared to net income of $8.8 million, or six cents a share. Analysts surveyed by Thomson Reuters were expecting earnings of six cents a share on revenue of $750.8 million. “We are beginning to see improvement in the demand for our professional staffing services as a result of better economic conditions in North America and abroad,” said Harold M. Messmer, Jr., chairman and CEO of Robert Half. “Our permanent placement operations performed particularly well during the quarter, growing nice percent on a constant-currency basis versus the fourth quarter of 2009. We believe this relates directly to the depth and severity of personnel cuts made during the recession.”

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