Robert Half reports Q3 results
Robert Half International today reported revenues and earnings for the third quarter ended September 30, 2013.
For the quarter ended September 30, 2013, net income was $66.4 million, or $.48 per share, on revenues of $1.08 billion. Net income for the prior year's third quarter was $57.7 million, or $.41 per share, on revenues of $1.03 billion.
For the nine months ended September 30, 2013, net income was $185.3 million, or $1.35 per share, on revenues of $3.16 billion. For the nine months ended September 30, 2012, net income was $151.3 million, or $1.08 per share, on revenues of $3.08 billion.
"Demand for our professional staffing and consulting services remained strong in the third quarter, led by Protiviti and our technology and permanent placement staffing divisions, particularly in the United States," said Harold M. Messmer, Jr., chairman and CEO of Robert Half. "For the 14th consecutive quarter, the company grew net income and earnings per share in excess of 15 percent on a year-over-year basis."
Messmer added, "We also were pleased with the company's return on equity of 30 percent for the quarter, which was accomplished with essentially no financial leverage."