IT Staffing Report: Feb. 12, 2015

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Robert Half reports technology revenue up 11%

Professional staffing firm Robert Half International Inc. (NYSE: RHI) reported technology revenue rose 11.4% in the fourth quarter. And total revenue rose 12.7% in the fourth quarter to $1.22 billion with much of the growth taking place in the US. Gross margin edged up, and net income rose 25.7%.

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“Revenue growth was broad-based and extended to both our US and non-US operations," said Chairman and CEO Harold M. Messmer Jr. "The US labor market has strengthened in recent months and skills shortages persist in professional disciplines such as accounting and information technology. We are seeing similar trends outside the United States, although growth has been less robust. Employers in the United States added nearly 3 million jobs over the course of 2014, making it the best year for job growth since 1999. Secular trends continue to shape the demand for interim talent. More and more companies are using temporary and consulting professionals as a permanent part of their human resources mix."

Revenue by segment

Revenue growth by geography and temp/perm

Full-year results