Robert Half Intl. posts Q3 2011 numbers - up!

Analysts, on average, were expecting profit of 28 cents per share, on revenue of $971.7 million.For the three months ended Sept. 30, Robert Half said net income available to common stockholders rose to $43.6 million, or 31 cents per share, compared with $20.1 million, or 14 cents per share, in the year-ago period.  

MENLO PARK, Calif. (AP) — Staffing firm Robert Half International Inc. on Tuesday said its third-quarter profit more than doubled, as demand for its placement services for both temporary and permanent workers increased.  

The number of outstanding shares was reduced nearly 2 percent in the most recent quarter, which has the effect of increasing per-share results.  

Revenue rose 20 percent to $984.7 million, from $817.3 million last year.  

"All of our divisions performed well, led by our technology staffing division," said Chairman and CEO Harold Messmer.

Revenue in its technology division rose 30 percent to $113.8 million.

Accountemps, its largest division, saw revenue growth of 17 percent, to $366.4 million.

Also seeing big revenue gains were its OfficeTeam unit, up 20 percent to $196.3 million; management resources, up 20 percent to $118.2 million; Robert Half finance and accounting, up 38 percent to $79.1 million, and its Protiviti unit, up 12 percent to $110.9 million.

Expenses rose 18 percent to $391.9 million.

In aftermarket trading, Robert Half shares rose 66 cents, or 2.6 percent, to $25.93. The stock closed regular trading Tuesday down 80 cents, or 3.1 percent, at $25.27.