Robert Half Q1 Net Income, Service Revenue Decline -- Shares Plunge

MT Newswires Live

04/24

Robert Half (RHI) reported Q1 net income late Wednesday of $0.17 per diluted share, down from $0.61 a year earlier.

Analysts polled by FactSet expected $0.36.

Service revenue for the quarter ended March 31 was $1.35 billion, down from $1.48 billion a year earlier.

Analysts surveyed by FactSet expected $1.41 billion.

Shares of the company were down 14% in recent after-hours activity.

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