Robert Half Inc Stock Price, News & Analysis

A recent survey by Protiviti and ISACA highlights critical IT audit risks amidst the evolving business landscape. With over 7,400 IT audit leaders participating, concerns regarding security, privacy, and cloud resilience are predominant as organizations navigate remote work challenges. Notably, only 33% of respondents classify themselves as digital leaders and 39% are not assessing technology risks efficiently. The top risks identified include cyber breaches, confidentiality, and regulatory compliance. The report emphasizes the need for organizations to adopt more dynamic risk assessment approaches for effective internal audits.

Protiviti congratulates brand ambassador Matthew Fitzpatrick, who won the 2020 DP World Tour Championship in Dubai. This victory, his sixth, strengthens his position as the 16th best male golfer globally. Fitzpatrick secured the win with a final round of 68 (-3), finishing just one shot ahead. His partnership with Protiviti began in January 2020, and he expressed gratitude for their support throughout the year. The firm, known for its industry expertise, belongs to Robert Half (NYSE: RHI), which continues to thrive in consulting.

A recent study by Robert Half reveals significant video call fatigue among professionals, with 76% participating in virtual meetings and spending around 30% of their workday on camera. Notably, 38% of workers have experienced fatigue since the pandemic began, and 24% find virtual meetings inefficient. Common issues include technical difficulties and excessive participants. The study involved over 1,000 U.S. workers aged 18 and older, highlighting the need for moderation in video conferencing.

The National Association for Female Executives (NAFE) has recognized Naomi Wolak and Sarah Riesenberg from Protiviti as 2020 Women of Excellence. Wolak is honored in the Mentor Maven category and leads initiatives to promote women’s advancement at Protiviti, while Riesenberg is acknowledged as a Rising Star and co-founded a Gender Equality in Tech networking group. Both will be celebrated in a virtual event on November 13. Protiviti, a global consulting firm and subsidiary of Robert Half (NYSE: RHI), continues to prioritize a supportive workplace for women.

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.