Oct. 21, 2009 (Canada NewsWire Group) --
MENLO PARK, Calif., Oct. 21 /CNW/ --
Robert Half International Inc. (NYSE: RHI) today reported revenues and earnings for the third quarter ended September 30, 2009.
For the quarter ended September 30, 2009, net income was $9.5 million or $.06 per share, on revenues of $725.9 million. Net income for the prior year's third quarter was $65.8 million or $.42 per share, on revenues of $1.16 billion.
For the nine months ended September 30, 2009, net income was $23.7 million or $.15 per share, on revenues of $2.30 billion. For the nine months ended September 30, 2008, net income was $211.2 million or $1.33 per share, on revenues of $3.61 billion.
Harold M. Messmer, Jr., chairman and CEO of Robert Half International, commented: "While the global business environment during the third quarter remained challenging, year-over-year revenue declines in our staffing operations continued to moderate and, on a sequential basis, we saw some improvement in revenues in September. Our risk consulting subsidiary, Protiviti, reported an 8 percent sequential increase in third-quarter revenues compared to the second quarter and reported significantly improved operating results."
Messmer added, "We remain confident that our teams are well-positioned to take advantage of a recovering economy in North America and abroad."
Robert Half International management will conduct a conference call today at 5 p.m. EDT following the release. The dial-in number is 800-862-9098 (+1-785-424-1051 outside the United States) and the passcode is "Robert Half International." A taped recording of this call will be available for replay beginning at approximately 8 p.m. EDT today and ending at 8 p.m. EDT on October 28. The dial-in number for the replay is 800-374-0934 (+1-402-220-0680 outside the United States). The conference call also will be archived in audio format on the company's website at www.rhi.com.
Founded in 1948, Robert Half International Inc. is the world's first and largest specialized staffing firm. It also is the parent company of Protiviti®, a global business consulting and internal audit firm composed of experts specializing in risk, advisory and transaction services. Robert Half's specialized staffing divisions include Accountemps®, Robert Half® Finance & Accounting and Robert Half® Management Resources, for temporary, full-time and project professionals, respectively, in the fields of accounting and finance; OfficeTeam®, for highly skilled temporary administrative support personnel; Robert Half® Technology, for information technology professionals; Robert Half® Legal, for legal personnel; and The Creative Group®, for advertising, marketing and web design professionals.
Robert Half International has staffing and consulting operations in more than 400
locations worldwide.
Certain information contained in this press release may be deemed forward-looking
statements regarding events and financial trends that may affect the company's future operating
results or financial positions. These statements may be identified by words such as "estimate", "forecast", "project", "plan", "intend", "believe", "expect", "anticipate", or variations or negatives thereof, or by similar or comparable words or phrases.