Robert Half Inc Stock Price, News & Analysis

Robert Half International Inc. (NYSE: RHI) has declared a quarterly cash dividend of $.34 per share, scheduled for payment on December 15, 2020, to shareholders on record as of November 25, 2020. Additionally, the board has approved a share repurchase program allowing the company to buy back an extra 10 million shares of its common stock, supplementing the 1 million shares remaining in its existing plan. Founded in 1948, Robert Half specializes in staffing and consulting services across various sectors, operating in over 400 locations worldwide.

Robert Half International reported Q3 2020 revenues of $1.190 billion, down from $1.552 billion in Q3 2019. Net income for the quarter was $76 million ($0.67 per share), compared to $117 million ($1.01 per share) the previous year. For the nine months ending September 30, 2020, the company earned $212 million ($1.87 per share) on revenues of $3.805 billion, a decline from $342 million ($2.92 per share) on $4.537 billion in 2019. Despite revenue drops, Protiviti saw consistent gains, marking its 12th consecutive quarter of year-on-year revenue growth.

Robert Half International Inc. (NYSE: RHI) has announced the release date for its third-quarter 2020 earnings results, expected on October 22 at 4:15 p.m. EDT. Following this, management will host a conference call at 5 p.m. EDT on the same day, with dial-in details provided for participants. A replay of the call will be available later that evening, lasting until November 22. Founded in 1948, Robert Half is the largest specialized staffing firm globally, offering a diverse range of staffing and consulting services.

Protiviti has introduced Privacy as a Service (PraaS™), addressing privacy needs heightened by the Covid-19 pandemic. This managed service helps organizations implement compliance measures and navigate evolving regulations. Key features include data inventory management, DSR request handling, and ongoing monitoring of privacy legislation. Protiviti aims to support small and mid-sized firms facing recruitment challenges in the privacy sector. The service was developed in response to client demand for sustainable and cost-effective privacy solutions.

Protiviti leaders Matthew Moore and Daniel O'Keefe have been recognized by Consulting magazine for their contributions to the consulting industry. Moore was named one of the Top 25 Consultants in the Leadership category, while O'Keefe received a Lifetime Achievement Award. Moore, based in Charlotte, leads Protiviti's global risk and compliance practice and promotes innovative solutions using advanced technologies. O'Keefe, based in Chicago, has played a vital role in shaping Protiviti's market strategies and community service programs. Both will be honored during a virtual event on October 8.

In its latest report, Protiviti outlines insights from chief audit executives amid the pandemic's challenges. The findings highlight that organizations with advanced internal audit functions are better positioned for digital transformation. The report, titled "The Future Auditor Has Arrived," features case studies from companies like Microsoft, Starbucks, and Salesforce, emphasizing the importance of agility and technology in audit practices. Protiviti encourages internal audit teams to innovate to navigate the evolving business landscape and thrive in a post-COVID world.

Protiviti has launched an updated Guide to Business Continuity & Resilience in response to new threats and challenges, particularly due to the COVID-19 pandemic. This fourth edition addresses 84 critical questions for business leaders, focusing on pandemic response, program development, and regulatory compliance. Key topics include IT Disaster Recovery, third-party risk management, and testing best practices. The guide aims to equip organizations with strategies for effective disaster response, leveraging Protiviti's extensive expertise in business continuity.