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Robert Half Q4 and Y/E results boosted by US jobs market

Robert Half International Inc. has reported revenues and earnings for the fourth quarter and year ended 31st December 2015, confirming Q4 2015 net income is up $9 million over Q4 2014 and net income at year end 2015 is up $52 million over year end 2014.

 

For the quarter ended 31st December 31, 2015, net income was $93 million, or $.71 per share, on revenues of $1.30 billion. Net income for the prior year’s fourth quarter was $84 million, or $.62 per share, on revenues of $1.22 billion.

 

For the year ended 31st December 2015, net income was $358 million, or $2.69 per share, on revenues of $5.09 billion. For the year ended 31st December 2014, net income was $306 million, or $2.26 per share, on revenues of $4.70 billion.

 

Harold M. Messmer, Jr., chairman and CEO of Robert Half, said, “Demand for our professional staffing and consulting services remained strong in the fourth quarter, fueled by a healthy U.S. job market and low unemployment in numerous professional occupations, as well as a more positive economic backdrop in many of our non-U.S. markets. We saw year-over year revenue growth across the board in our staffing and consulting operations, both in the United States and abroad.”

 

Messmer added, “This was the company’s 23rd straight quarter of double-digit net income and earnings-per-share percentage growth on a year-over-year basis. Unlevered return on equity was 37 percent.”

 

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