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Robert Half Reports Revenue Growth In US

Robert Half Reports Revenue Growth In US

Robert Half International Inc. (NYSE symbol: RHI) today reported revenues and earnings for the second quarter ended June 30, 2013.

For the quarter ended June 30, 2013, net income was $63.1 million, or $.46 per share, on revenues of $1.06 billion. Net income for the prior year’s second quarter was $45.3 million, or $.32 per share, on revenues of $1.03 billion. Net income and income per share for the prior year’s second quarter were reduced by $8.1 million, or $.06 per share, related to a nonrecurring litigation settlement and the resolution of certain tax matters disclosed in the company’s July 5, 2012, Form 8-K filing.

For the six months ended June 30, 2013, net income was $119.0 million, or $.86 per share, on revenues of $2.09 billion. For the six months ended June 30, 2012, net income was $93.7 million, or $.67 per share, on revenues of $2.04 billion.

Harold M. Messmer, Jr., chairman and CEO of Robert Half International, said: “Robert Half saw continued demand for our professional services during the quarter, and we were pleased with the company’s overall performance. Revenue growth was concentrated in the United States, which has been the case for the past several quarters. Within our staffing lines of business, our Robert Half Technology division reported the most sizable revenue gains. Protiviti also had another excellent quarter, with revenues reaching their highest level since the fourth quarter of 2007.”

Messmer added, “Despite ongoing softness in international markets, this is the 13th consecutive quarter in which net income and earnings per share have grown 15 percent or more on a year-over-year basis.”

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