RHI · Robert Half Q2 FY2026 earnings call record财报电话会记录

“These risks and uncertainties are described in today's press release in our most recent 10-K and 10-Q filed with the SEC.”

“Adjusted revenue growth excludes the impact of billing day variations and foreign currency exchange rates.”

“For the second quarter of 2026, Global Enterprise revenues were $1.336 billion, down 2% from last year's second quarter on a reported basis and down 3% on an adjusted basis.”

“Global Enterprise revenues and earnings exceeded the midpoint of our second quarter guidance.”

“In June, we distributed a $0.59 per share cash dividend to our shareholders of record for a total cash outlay of $59 million.”

“Adjusted gross margin for Protiviti was 18.5% for the quarter just ended, compared to 22.3% last year.”

“As a result, cost actions were taken during the quarter, including $7 million in severance costs, which reduced adjusted gross margin by 1.4 percentage points or $0.04 per share.”

“Adjusted enterprise SG&A costs were 34.3% for the quarter just ended, compared to 33.8% one year ago.”

“Our midpoint revenue guidance for the third quarter reflects year-over-year growth of 3% for Talent Solutions and 6% lower revenues for Protiviti.”

“2026 capital expenditures and capitalized cloud computing costs of $50 million-$70 million with $10 million-$20 million during the third quarter.”

“Lower sequential revenues result in negative operating leverage such that fourth quarter operating margins have historically been 0.5-1.5 percentage points lower sequentially than third-quarter margins.”

“We expect sequential revenue growth in those practices during the third quarter.”