Net income up $5m YoY for Robert Half
Robert Half International Inc. has reported its revenues and earnings for the first quarter ended 31st March 2016.
For the quarter ended 31st March 2016, net income was $83m, or $.64 per share, on revenues of $1.30 billion. Net income for the prior year’s first quarter was $78m, or $.58 per share, on revenues of $1.21 billion.
The group’s gross margin was $531,972, up from $494,087 in Q1 2015. Operating income totalled $133,898 in Q1 2016, up from $128,102 in the same quarter last year.
Harold M. Messmer, Jr., chairman and CEO of Robert Half, said, “The U.S. job market remained solid in the first quarter as did demand for our professional staffing and consulting services, resulting in year-over-year revenue growth in all lines of business. Our accounting and finance staffing divisions had a particularly strong first quarter.
“This was the company’s 24th straight quarter of double-digit earnings-per-share percentage growth on a year-over-year basis. Unlevered return on equity was 33 percent.”