Robert Half Records 14 Percent Revenue Jump

January 30, 2012 – Robert Half International Inc./(NYSE:RHI) has posted fourth quarter 2011 revenues of $975.3 million, a 14 percent increase from revenues of $851.6 million during the same period last year. For the quarter, the company net income of $42.6 million, or 30 cents a share, compared with earnings of $24.8 million, or 17 cents a share, in 2010's fourth quarter. For the full year, the staffing company reported net income of $149.9 million, or $1.04 a share, compared with net income of $66.1 million, or 44 cents a share, in 2010. Full-year revenue rose to $3.78 billion from $3.18 billion. Revenue in Robert Half's largest division, Accountemps, grew 14 percent to $363.8 million. “This marks the sixth consecutive quarter of double-digit, year-over-year revenue growth for the company,” said Harold M. Messmer Jr., chairman and CEO of Robert Half International. “Additionally, growth rates in net income and earnings per share have significantly exceeded revenue growth rates during this period. This reflects the ongoing strong demand for skilled talent, particularly in the technology and accounting sectors.”

Share This Article


Notify of
Inline Feedbacks
View all comments