Fri, May 2, 8:09 PM (21 days ago)
**Robert Half Inc. (RHI) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $1.35 billion, down 8.4% YoY due to economic uncertainty and policy developments. - **Net Income:** $17 million, down from $63.7 million YoY, impacted by one-time charges of $13 million. - **Earnings per Share (EPS):** $0.17, down from $0.61 YoY. - **Cash Flow:** Operating activities used $59 million, investing activities used $33 million, and financing activities used $111 million. - **Cash Position:** $342 million, down from $541 million YoY. **Profit Margins:** - **Gross Margin:** 36.9%, down from 38.1% YoY. - **Operating Margin:** 2.9%, down from 2.8% YoY. **Segment Performance:** - **Contract Talent Solutions:** Revenue down 14.0% YoY, gross margin down 15.3% YoY. - **Permanent Placement Talent Solutions:** Revenue down 10.2% YoY. - **Protiviti:** Revenue up 2.7% YoY, gross margin up 2.9% YoY. **Trends & Uncertainties:** - Economic uncertainty and policy developments impacted Q1 results. - Global labor markets remain resilient, but business confidence has moderated. - The company is well-positioned to capitalize on emerging opportunities and support clients' talent and consulting needs. **Future Operations Impact:** - The company continues to invest in technology and innovation, including AI. - The company monitors economic indicators and business trends to anticipate demand for its services. - The company expects that internally generated cash will be sufficient to support its working capital needs and obligations. **Dividends:** - Declared a quarterly dividend of $0.59 per share, payable on June 13, 2025. **Stock Repurchase:** - Repurchased 0.7 million shares at a cost of $39 million in Q1 2025. - Authorized to repurchase up to 6.6 million additional shares.