#United States #Menlo Park #Robert Half #Q1 2025 Results #NYSE RHI

Robert Half Reports First Quarter Financial Results

MENLO PARK, Calif., April 23, 2025 - Robert Half Inc. (NYSE: RHI) has released its financial results for the first quarter ended March 31, 2025. This quarter has shown notable changes compared to the same period in 2024, indicating a shift in market dynamics.

For Q1 2025, Robert Half reported a net income of $17 million, translating to $0.17 per share, on revenues amounting to $1.352 billion. In stark contrast, during the first quarter of the previous year, the company achieved a net income of $64 million or $0.61 per share on revenues of $1.476 billion.

M. Keith Waddell, the president and CEO of Robert Half, commented on these results: "In the first quarter of 2025, global enterprise revenues hit $1.352 billion, reflecting an 8% decrease from the same period last year on a reported basis, and a 6% decrease on an adjusted basis. This slide can be attributed to cooling business confidence stemming from escalating economic uncertainties regarding U.S. trade and policy developments. We observe a persistent caution among clients and job seekers, leading to prolonged decision cycles, diminished hiring activity, and a slowdown in new project starts."

Despite these challenges, Waddell expressed optimism about the company's ability to navigate the turbulent market: "We are strategically positioned to embrace emerging opportunities and assist our clients in their talent and consulting requirements through our robust brand, skilled team, innovative technology, and our unique business model which integrates both professional staffing and business consulting services."

Waddell also acknowledged the dedication of Robert Half’s global workforce: "Our employees' resilience and unwavering commitment to excellence have helped us earn significant accolades already this year, including recognition as one of America’s Most Innovative Companies by Fortune, and one of America’s Best Large Employers according to Forbes. We take particular pride in our high levels of employee engagement, which have once again landed both Robert Half and Protiviti a place on Fortune's list of the 100 Best Companies to Work For."

For those interested in a deeper dive into the company’s financial metrics and strategies, Robert Half management will host a conference call today at 5 PM EDT. Prepared remarks for this call are currently available on the Investor Center of the Robert Half website. The dial-in number for the call is 888-394-8218 (or +1-323-994-2093 for international participants), with a confirmation code of 5634922.

Additionally, a recorded version of the call will be accessible for audio replay starting around 8 PM EDT on April 23, and will remain available for the next 12 months. Participants can access the replay at https://webcasts.com/RobertHalfQ12025. The conference call will also be archived in audio format on the company's website at roberthalf.com.

Robert Half, known as the world’s first and largest specialized talent solutions and business consulting firm, connects highly skilled job seekers with rewarding opportunities. The company offers a variety of staffing solutions in finance, accounting, technology, marketing, legal, and administrative support, along with executive search services. Furthermore, Robert Half serves as the parent company of Protiviti®, a global consulting firm providing internal audit, risk, business, and technology consulting solutions. In the last year, Robert Half, with Protiviti, was recognized as one of Fortune®’s Most Admired Companies and listed among the 100 Best Companies to Work For.

Certain sections of this financial report may contain forward-looking statements regarding events and financial trends that could impact Robert Half Inc.'s future operations and financial conditions. Words such as "anticipate," "forecast," "expect," and variations of these terms often indicate such forward-looking statements. It is essential to note that actual future results will depend on various factors, including changes in tax regulations, economic conditions, competitive pressures, and the evolving landscape of talent solutions and consulting services.

Robert Half ensures transparency and invites stakeholders to consult the 'Summary of Operations' and the related non-GAAP financial measures documentation located on the Investor Center for a comprehensive view of its financial standings and strategic outlook.