Robert Half reports Q4 & year-end financial results
For the quarter ended December 31, 2013, net income was $66.9 million, or $.49 per share, on revenues of $1.08 billion. Net income for the prior year’s fourth quarter was $58.6 million, or $.42 per share, on revenues of $1.03 billion.
For the year ended December 31, 2013, net income was $252.2 million, or $1.83 per share, on revenues of $4.25 billion. For the year ended December 31, 2012, net income was $209.9 million, or $1.50 per share, on revenues of $4.11 billion.
“We saw continued strength in our staffing operations in the fourth quarter, during which growth rates accelerated for substantially all of Robert Half’s specialized staffing divisions,” said Harold M. Messmer, Jr., chairman and CEO of Robert Half. “Our technology staffing as well as our permanent placement divisions reported the strongest staffing revenue gains compared to the year-ago quarter. Protiviti also reported another excellent quarter, with revenue up 18 percent year over year.”
Messmer added, “This was Robert Half’s 15th consecutive quarter of double-digit net income and earnings per share growth on a year-over-year basis return on equity was 29 percent for the quarter. Earnings per share of $1.83 for 2013 is the highest ever reported by the company.”