Robert Half Reports Fourth-Quarter Financial Results
MENLO PARK, Calif., Jan. 26, 2023 — Robert Half International Inc. (NYSE: RHI) today reported revenues and earnings for the fourth quarter ended December 31, 2022.
For the quarter ended December 31, 2022, net income was $148 million, or $1.37 per share, on revenues of $1.727 billion. Net income for the prior year’s fourth quarter was $168 million, or $1.51 per share, on revenues of $1.770 billion.
For the year ended December 31, 2022, net income was $658 million, or $6.03 per share, on revenues of $7.238 billion. For the year ended December 31, 2021, net income was $599 million, or $5.36 per share, on revenues of $6.461 billion.
“2022 was a very successful year across the entire Robert Half enterprise. We grew full-year revenues and earnings per share — both by more than 12 percent — and achieved new record levels for each,” said M. Keith Waddell, president and chief executive officer of Robert Half. “All of our major practice areas — contract, permanent placement and Protiviti — reached new all-time highs, over and above the very strong growth in the prior year. We enter 2023 optimistic about our ability to navigate the uncertain global macroeconomic environment and the tight labor markets around the world.
“The energy and dedication of our global teams made possible a record number of awards and accolades in 2022. Fourth-quarter recognition included being named as one of the Best Workplaces for Parents™ and honored by Forbes as one of the World’s Top Female-Friendly Companies. We are particularly proud of the recognition we continue to receive for our commitment to diversity, equity and inclusion,” Waddell concluded.
Robert Half management will conduct a conference call today at 5 p.m. EST. The prepared remarks for this call are available now in the Investor Center of the Robert Half website (www.roberthalf.com/investor-center). Simply click on the Quarterly Conference Calls link. The dial-in number to listen to today’s conference call is 888-394-8218 (+1-323-994-2093 outside the United States and Canada). The confirmation code to access the call is 6821099.
A taped recording of this call will be available for replay beginning at approximately 8 p.m. EST on January 26 and ending at 8 p.m. EST on February 23. To access the replay, visit https://webcasts.com/RobertHalfQ42022. The conference call also will be archived in audio format on the Company’s website at www.roberthalf.com.
Robert Half is the world’s first and largest specialized talent solutions and business consulting firm that connects opportunities at great companies with highly skilled job seekers. The Company offers contract and permanent placement talent solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.
Named to FORTUNE’s World’s Most Admired Companies®, the Bloomberg Gender-Equality Index and Forbes’ list of America’s Best Employers for Diversity, Robert Half is the parent company of Protiviti, a global consulting firm that provides internal audit, risk, business and technology consulting solutions.
Robert Half has operations in more than 400 locations worldwide.
Because long-term contracts are not a significant part of the Company’s business, future results cannot be reliably predicted by considering past trends or extrapolating past results. The Company undertakes no obligation to update information contained in this release.
This release is available at www.roberthalf.com/investor-center.
