Financial Performance Overview - Total revenue remained flat at $396 million compared to Q2 2024[5,8] - Organic revenue decreased by 4%[7,8] - Net loss was $0 million, a significant improvement from a net loss of $104.7 million in Q2 2024[5,8] - Adjusted EBITDA increased by 147% to $26 million from $11 million in Q2 2024[7,8] - Gross margin decreased by 3 percentage points due to changes in business mix[7] - SG&A expenses improved by 7% due to disciplined cost management[7] Segment Performance - PeopleReady revenue was $213 million, a decrease of 5%[12] - PeopleManagement revenue was $134 million, an increase of 2%[12] - PeopleSolutions revenue was $49 million, a 20% increase, including $16 million from HSP, but decreased 20% on an organic basis[12] Liquidity and Capital Allocation - The company has a solid liquidity position with $22 million in cash, $54 million in debt, and $79 million of borrowing availability, totaling $101 million in liquidity[7] - Debt was reduced by $4 million, and working capital increased by $14 million[7] Outlook for Q3 2025 - Revenue is projected to be between $400 million and $425 million, representing a 5% to 11% increase compared to the prior year, including a 4 percentage point contribution from the HSP acquisition[18] - SG&A is expected to be between $93 million and $97 million, a decrease of 7% to 3% compared to the prior year[18]

Core Viewpoint - Brunel International N.V. reported its second quarter and first half 2025 results, highlighting a mixed performance across different regions and ongoing cost reduction efforts [1]. Q2 2025 Key Points - Revenue for Q2 2025 was EUR 303 million, a decrease of 12% (7% organic decline) [8]. - Gross profit for Q2 2025 was EUR 52 million, down 20% (14% organic decline) [8]. - Underlying EBIT for Q2 2025 was EUR 6.3 million, a decline of 46% (27% organic decline) [8]. - The company experienced continued softness in the Netherlands and DACH regions, while performance in Australasia, Americas, and Asia was relatively strong [4]. - Global permanent placement activities showed a slight recovery, with fees increasing from EUR 3.3 million to EUR 4.1 million compared to Q1 2025, although still significantly lower than the previous year [4]. H1 2025 Key Points - Revenue for H1 2025 totaled EUR 613 million, down 11% (8% organic decline) [8]. - Gross profit for H1 2025 was EUR 109 million, a decrease of 19% (16% organic decline) [8]. - Underlying EBIT for H1 2025 was EUR 14.7 million, down 45% (31% organic decline) [8]. - Free cash flow for H1 2025 was negative EUR 24.3 million, compared to negative EUR 0.2 million in H1 2024 [8]. - The cost reduction program initiated in summer 2024 delivered EUR 13.4 million in savings, with a target of EUR 20 million annual run-rate [5]. - An additional cost reduction program is expected to yield around EUR 10 million in annual savings, with a one-off impact of EUR 8 million [5].

Robert Half (RHI) Q2 2025 Earnings Call July 23, 2025 05:00 PM ET Company ParticipantsM. Keith Waddell - President & CEOMichael Buckley - EVP & CFORonan Kennedy - Vice PresidentTobey Sommer - Managing DirectorStephanie Moore - SVP - Equity ResearchKartik Mehta - Executive Managing Director & Director - ResearchRyan Griffin - Senior Equity Research AssociateConference Call ParticipantsAndrew Steinerman - Equity Research Analyst - Business & Info ServicesMark Marcon - Senior Research AnalystTrevor Romeo - Res ...

Robert Half (RHI) Q2 2025 Earnings Call July 23, 2025 05:00 PM ET Speaker0Please standby. Hello, and welcome to the Robert Half Second Quarter twenty twenty five Conference Call. Today's conference call is being recorded. Our hosts for today's call are Mr. Keith Waddell, President and Chief Executive Officer of Robert Half and Mr.Michael Buckley, Chief Financial Officer. Mr. Waddell, you may begin. Hello, everyone. We appreciate your time today.Before we get started, I'd like to remind you that the comments ...

Second Quarter Results July 17, 2025 FORWARD-LOOKING STATEMENT This presentation contains statements, including statements regarding economic and geopolitical uncertainty, including uncertainty regarding trade policy developments, trends in labor demand and the future strengthening of such demand, the impact of AI on labor markets, financial outlook, outlook for our business in the regions in which we operate as well as key countries within those regions, the Company's strategic initiatives and technology i ...

Core Insights - ManpowerGroup reported a net loss of $67.1 million or $1.44 per basic share for Q2 2025, a significant decline from net earnings of $60.1 million or $1.24 per diluted share in the same period last year [1][2] - Revenues for the second quarter remained flat at $4.5 billion, but decreased by 3% on a constant currency basis [1][7] - The company faced a non-cash goodwill and intangible asset impairment charge of $89 million, restructuring costs, and losses from the sale of businesses, which collectively reduced earnings per share by $2.22 [2][8] Financial Performance - For the six months ended June 30, 2025, net losses were $61.5 million or $1.32 per basic share, compared to net earnings of $99.8 million or $2.05 per diluted share in the prior year [3][18] - Excluding impairment and restructuring charges, adjusted earnings per share for the six-month period was $1.22, reflecting a 47% decrease in constant currency [3][10] - Total revenues for the six-month period were $8.6 billion, a decrease of 4% compared to the previous year [3][18] Operational Insights - The company is focusing on diversifying, digitizing, and innovating to enhance its role as a strategic workforce partner amid mixed demand across global markets [3][5] - Positive signs of stabilization are noted in the U.S. and parts of Europe, although demand remains volatile due to economic and geopolitical factors [3][5] - The gross profit margin for Q2 2025 was 16.9%, slightly down from the previous quarter, influenced by changes in business mix [7][12] Segment Performance - The Americas region saw a slight revenue decline of 0.4%, with the U.S. specifically down by 3.3% [14][21] - Southern Europe reported a 2.4% increase in revenues, driven by growth in Italy, while Northern Europe experienced a 10.7% decline [14][21] - The Manpower and Talent Solutions brands returned to revenue growth, while Experis faced declines due to sluggish professional staffing demand [7][12] Future Outlook - The company anticipates diluted earnings per share for Q3 2025 to be between $0.77 and $0.87, factoring in a favorable currency impact [3][5] - Ongoing investments in digital capabilities and AI adoption are expected to position the company for future growth and enhanced client value [3][5]

Company Overview - Robert Half's 2024 service revenues reached $5.80 billion[6] - The company boasts a 20-year average return on invested capital of 26%[6] - Robert Half has a global presence in 32 countries[5] - The company's full-time internal staff totals 14,700 as of December 31, 2024[6] Revenue Mix & Performance - In Q1 2025, contract talent solutions accounted for 57% of global revenues[20] - Permanent placement talent solutions represented 8% of Q1 2025 global revenues[20] - Protiviti contributed 35% to the company's Q1 2025 global revenues[20] - The United States accounts for 77% of talent solutions revenue mix[17] Financial Strength - The company maintains a strong balance sheet with zero debt[76] - As of March 31, 2025, Robert Half's cash reserves stood at $342 million[76]

Core Insights - The global Net Employment Outlook (NEO) for Q3 2025 stands at +24%, indicating stable hiring intentions despite trade uncertainties [2][4][8] - Companies investing in technology, AI, and automation show the most optimistic hiring plans, highlighting a connection between innovation and workforce confidence [1][4][8] Global Hiring Trends - 40% of employers plan to increase hiring, 42% will maintain current staff levels, 16% anticipate cuts, and 2% are uncertain about their hiring plans [1][8] - Asia Pacific leads with a hiring outlook of 29%, followed by the Americas at 27%, and Europe and the Middle East at 19% [6][8][10] Impact of Trade Uncertainty - 89% of companies report that trade uncertainty has influenced their hiring decisions, with many still planning for steady hiring in Q3 [3][8] - The trade situation has caused some companies to pause or slow their hiring plans, but overall hiring outlooks have stabilized [4][8] Sector-Specific Insights - The Information Technology sector has the strongest hiring outlook at 36%, followed by Financials & Real Estate at 28%, and Industrials & Materials at 26% [8] - Companies heavily investing in technology report more optimistic hiring plans compared to those not planning such investments [8] Regional Highlights - The United Arab Emirates tops global hiring intentions at 48%, followed by India at 42% and Costa Rica at 41% [9][17] - Argentina has the weakest global outlook at 3%, while countries like Israel and Sweden show significant year-over-year improvements [9][17]

ENGLEWOOD CLIFFS, N.J., May 29, 2025 (GLOBE NEWSWIRE) -- Atlantic International Corp. ("Atlantic") (Nasdaq: ATLN), a leading provider of strategic staffing, outsourced services, and workforce solutions, today announced the official launch of its conversational AI platform through its subsidiary Lyneer Staffing Solutions ("Lyneer"). This innovative subscription-based AI-powered assistant delivers instant access to comprehensive workforce intelligence and compensation insights, transforming how organizations ...

Core Insights - ManpowerGroup has launched a new AI HR Hub in Paris, emphasizing its commitment to human-first, AI-powered solutions for clients and candidates [1][3] - The initiative aligns with a €200 million investment in innovation projects and training in France over the next three years, supporting the country's economic and innovation attractiveness [2] - The AI HR Hub will serve as a Regional Center of Excellence, focusing on developing home-grown innovations and scaling advanced capabilities across ManpowerGroup's global brands [3][4] Investment and Job Creation - ManpowerGroup is creating more than 30 branches and over 200 high-skilled jobs across France as part of its investment strategy [2] - The company aims to enhance the talent pool in France, supporting the growth of AI development through ethical and inclusive practices [4][5] AI HR Hub Focus Areas - Enhanced Candidate Journeys: Utilizing GenAI for personalized career guidance, skills assessments, and real-time job matching [8] - Smarter Client Solutions: Leveraging AI and predictive analytics for improved workforce planning and hiring processes [8] - Empowered HR Agents: Implementing agentic AI tools to support recruiters and talent advisors, enhancing personalization in line with labor market demand [8]