Robert Half Q1 net income down 48% to $64M; revenue $1.476B falls 14% YoY

ROBERT HALF INC.

2024-Q1 EPS reported $0.61 revenue$1,475,937,000

Net income $64M ($0.61 diluted EPS) vs $122M ($1.14) in Q1 2023; revenue $1.476B vs $1.716B.
CEO cites continued client/candidate caution; stabilization trend from H2 2023 persisted into Q1.
Q2 guidance expects first sequential earnings increase in seven quarters, led by Protiviti.
Results described as largely in line with expectations amid global hiring slowdown.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ROBERT HALF INC. reported first quarter ended March 31, 2024 results: revenue $1.476 billion, net income $64 million, EPS $0.61 per share.

Period: first quarter ended March 31, 2024
Revenue: $1.476 billion
Net income: $64 million
EPS: $0.61 per share
Result: reported results

Exact text from the filing

For the three months ended March 31, 2024, net income was $64 million, or $0.61 per share, on revenues of $1.476 billion.

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Source: SEC EDGAR

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