Protiviti Revenue Growth
Protiviti global revenues in the first quarter were $477 million, showing a 5% increase year-over-year on an adjusted basis. U.S. Protiviti revenues were up 4%, while non-U.S. Protiviti revenues were up 8% compared to one year ago.
Dividend Growth
In March, Robert Half distributed a $0.59 per share cash dividend, an 11.3% increase from the prior year, with the dividend growing an average of 11.6% annually since its inception in 2004.
Cost Reduction and Efficiency Gains
Robert Half implemented cost actions expected to result in annual savings of $80 million, with $18 million recognized in Q2 and $20 million in subsequent quarters.
Technology and AI Adoption
Notable early traction with AI to enhance recruitment efficiency, leading to fewer calls needed to secure client visits and improved conversion rates.