IT Staffing Report: July 25, 2013


Technology leads Robert Half growth

Technology staffing led growth among Robert Half International Inc.’s (NYSE: RHI) staffing operations. Second-quarter revenue rose 10.2 percent year over year to $131.8 million.

Robert Half Technology revenue is up from year-over-year growth of 4.6 percent in the first quarter, but down from the 13.8 percent growth recorded in the second quarter of last year.

Second-quarter revenue rose 3.4 percent for the company as a whole to $1.06 billion. And second-quarter gross margin improved to 40.6 percent from 40.4 percent.

“Revenue growth was concentrated in the United States, which has been the case for the past several quarters,” said Chairman and CEO Harold Messmer Jr.

Net income rose 39.2 percent year over year in the second quarter to $63.1 million. However, net income in the second quarter of last year was impacted by an $8.1 million legal settlement.


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