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Article: Robert Half International Inc. reports fourth-quarter and 1987 results.
- Article from:
- PR Newswire
- Article date:
- February 17, 1988
CopyrightCOPYRIGHT 1988 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROBERT HALF INTERNATIONAL INC. REPORTS
FOURTH QUARTER AND 1987 RESULTS
SAN FRANCISCO, Feb. 17 /PRNewswire/ -- Robert Half International Inc. (NASDAQ-NMS: RHII) today reported significant increases in revenues and earnings for the fourth quarter ended Dec. 31, 1987, and for the year 1987.
For the fourth quarter ended Dec. 31, 1987, net income from continuing operations was $2,223,000, or 29 cents per share, on revenues of $40,160,000. Cash flow from continuing operations (net income adjusted for amortization of intangible assets) was $2,868,000 or 37 cents per share for the fourth quarter.
By contrast, net ...