Professional staffing firm Robert Half International Inc. (NYSE: RHI) reported yesterday that second quarter revenue rose 9.6% on a same billing-day, constant-currency basis to $1.39 billion. In reported rates, revenue grew 11.4%.

International revenue in same billing days and constant currency stood at 18.1%. Temporary and consultant staffing grew by 16.7%. Permanent placement revenue was up by 18.8%.

Growth in the US in same billing days and constant currency stood at 7.2% in the second quarter. Temporary and consultant staffing grew by 5.3% and permanent placement by 17.3%.

Revenue for the second quarter stood at $1.46 billion.

According to Robert Half, currency exchange rate movements versus the prior year were favourable and had the effect of increasing reported year-over-year staffing revenues by $16 million in the second quarter, which boosted year-over-year reported staffing revenue growth rates by 1.4%. The company has staffing and consulting operations in more than 400 locations worldwide but provided no indication of which international markets had contributed to its growth.

“We saw across-the-board strength in our U.S. and international staffing and Protiviti operations during the second quarter, as year-over-year growth rates accelerated versus the first quarter,” Harold M. Messmer, Jr., chairman and CEO of Robert Half, said. “Favorable global economic trends, a robust job market, and positive business sentiment among our small and midsize client base contributed to the strong quarter.”

Messmer added “During the second quarter, Robert Half’s return on invested capital was 39 percent.”

Revenue by segment was broken down as follows.

On Tuesday, Robert Half International shares closed at $68.97, down 0.12% on the day and 1.96% below its 52-week high of $70.35, set on 14 June 2018. Based on its current share price the company has a market value of $8.53 billion.