Robert Half International Inc (NYSE:RHI) reports 4Q16 Profit Down 14.1%

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Robert Half International Inc (NYSE:RHI) reports 4Q16 Profit Down 14.1%

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Robert Half International Inc. (RHI) reported net income for the fourth quarter of $ 77.79 million or $ 0.61 per share, compared to income of $ 93.44 million or $ 0.71 per share for the year-ago quarter.
The topline results for the fourth quarter decreased 3.03% to $ 1.27 billion from $ 1.30 billion in the same quarter last year.

Analysts polled by Thomson Reuters expected Robert Half International Inc. to earn $ 0.64 per share on revenue of $ 1.29 billion for the fourth quarter.

Harold M. Messmer, Jr., chairman and CEO of Robert Half, commented: Robert Half continued to benefit from a tightening job market and solid service demand domestically and in our non-U.S. markets during the fourth quarter. International staffing operations performed particularly well, and Protiviti also reported year-over-year revenue gains.