By Christopher Kuo

Robert Half shares declined after the staffing company posted a decline in profit and revenue that it attributed to winter weather challenges and limited client resources.

The stock closed down 5.9% at $25.61 on Friday. Shares are down 43% in the past year.

After the close on Thursday, the company reported a first-quarter profit of $13.8 million, or 14 cents a share, compared with $17.4 million, or 17 cents a share, a year earlier.

Revenue fell 4% to $1.30 billion from $1.35 billion in the same period a year earlier. Analysts were expecting $1.3 billion, according to FactSet.

The company's results were affected in part by weather-related disruptions to its business in February, and recorded an increase in activity in March and into April, Chief Executive Keith Waddell said on a call with analysts.

"Resource levels at small and midsized businesses, which represent the majority of our client base, remain lean following several years of cost discipline, creating capacity constraints as project activity begins to recover," Waddell said.

The war with Iran and higher energy costs have yet to dampen demand, Waddell said, adding that artificial intelligence has not affected employment levels for the roles the company services.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

April 24, 2026 16:23 ET (20:23 GMT)

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