First-quarter revenue at Robert Half International Inc. (NYSE: RHI) decreased 5.6% year over year when adjusted for the impact of billing days and currency; revenue was down 5.4% on a reported basis. The Menlo Park, California-based professional staffing firm reported revenue fell across segments with the exception of Protiviti. However, President and CEO M. Keith Waddell said results were in line with expectations, including its talent solutions staffing business.

“Talent solutions performed well against a backdrop of client hiring caution and tight labor markets,” Waddell said.

He also noted Protiviti’s revenue increase, its 22^nd consecutive quarter of growth, and said the company remains optimistic about its ability to navigate the globe’s uncertain macroeconomic environment.

Contract talent solutions revenue fell 8.0% adjusted for billing days and currency while in the first quarter, while permanent placement revenue fell 15.8%. Protiviti revenue rose 4.4%.

Robert Half’s US revenue fell 6.6% adjusted for billing days and currency in the first quarter. International revenue at the company fell 2.5% on an adjusted basis.

Share price and market cap

Shares in Robert Half were up 3.62% to $73.19 as of 1:04 p.m. Eastern time; they were 11.91% above their 52-week low, according to FT.com. The company had a market cap of $7.62 billion.