ROBERT HALF INTERNATIONAL INC. REPORTS REVENUES
Robert Half International Inc. today reported revenues and earnings for the first quarter ended March 31, 2010. For the quarter ended March 31, 2010, net income was $8.5 million or $.05 per share, on revenues of $737.2 million. Net income for the prior years first quarter was $8.8 million or $.06 per share, on revenues of $823.3 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 International. First-quarter revenues for our staffing operations were up 2 percent on a constantcurrency basis from the results we reported for the fourth quarter.
Messmer added, Our permanent placement operations performed particularly well during the quarter, growing 9 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. Many businesses have had to hire at the first sign of a pickup in demand as well as immediately replace workers lost due to turnover.