Robert Half Inc. Reports First Quarter 2024 Results: Net Income of $64 Million on Revenues of $1.476 Billion

Robert Half Inc. announces its financial results for the first quarter of 2024, reporting net income of $64 million and revenues of $1.476 billion. Despite ongoing challenges in the global hiring landscape, the company demonstrates resilience and strategic focus amidst evolving market conditions.

1. Financial Performance Overview:
   • Net income of $64 million, or $0.61 per share, for the three months ended March 31, 2024.
   • Revenues totaling $1.476 billion, reflecting continued stabilization and strategic resilience.
2. Insights from M. Keith Waddell, President and CEO:
   • Acknowledgment of global hiring caution impacting recruitment activity and project starts.
   • Encouraging trend toward stabilization observed since the second half of the previous year.
   • Gratitude extended to employees for recent prestigious accolades, including Fortune® Most Admired Company™ and Forbes’ Best Employers for Diversity.
3. Second-Quarter Earnings Guidance and Strategic Outlook:
   • Anticipation of higher sequential earnings for the second quarter, led by Protiviti.
   • Commitment to ongoing negotiation and adaptation to meet diverse workforce preferences and market dynamics.
4. Investor Conference Call Details:
   • Conference call scheduled for today at 5 p.m. EDT, featuring prepared remarks available on the Robert Half website.
   • Dial-in number and access code provided for participation, along with audio replay details.
5. Forward-Looking Statements and Risk Factors:
   • Cautionary notes on forward-looking statements regarding future operating results and financial positions.
   • Disclosure of risk factors impacting the Company’s performance, including economic conditions, competitive pressures, and regulatory compliance.

Robert Half Inc.’s first-quarter results underscore its adaptability and strategic resilience in navigating challenging market conditions. With a focus on innovation, employee recognition, and ongoing commitment to shareholder value, the company remains positioned for sustainable growth and success in the dynamic talent solutions landscape.