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Robert Half(RHI) - 2025 Q2 - Earnings Call Transcript
2025-07-23 22:00
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 ...
Atlantic International Corp. Postpones Annual General Meeting
Globenewswire· 2025-07-18 21:30
ENGLEWOOD CLIFFS, N.J., July 18, 2025 (GLOBE NEWSWIRE) -- Atlantic International Corp. (Nasdaq: ATLN), a leading provider of strategic staffing, outsourced services, and workforce solutions, today announced that it has postponed its Annual General Meeting, originally scheduled for July 15, 2025, has been postponed until a date to be determined later this year. About Atlantic International Corp. Atlantic International Corp. (Nasdaq: ATLN) is a publicly traded global platform of outsourced services and workfo ...
Manpower (MAN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-17 14:31
Core Insights - ManpowerGroup reported $4.52 billion in revenue for the quarter ended June 2025, showing no year-over-year change, with an EPS of $0.78 compared to $1.30 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $4.35 billion by +3.78%, while the EPS surpassed the consensus estimate of $0.69 by +13.04% [1] Revenue Breakdown - Revenues from Services- Americas: $1.06 billion, exceeding the average estimate of $1.03 billion, with a year-over-year change of -0.4% [4] - Revenues from Services- APME: $525.3 million, above the average estimate of $507.62 million, representing a -3% year-over-year change [4] - Revenues from Services- Southern Europe: $2.15 billion, surpassing the average estimate of $2.06 billion, with a +2.5% year-over-year change [4] - Revenues from Services- Northern Europe: $794.4 million, exceeding the average estimate of $761.32 million, showing a -5.1% year-over-year change [4] - Revenues from Services- Southern Europe- Other Southern Europe: $524.1 million, above the average estimate of $488.79 million, with a +9.6% year-over-year change [4] - Revenues from Services- Southern Europe- France: $1.15 billion, slightly above the average estimate of $1.12 billion, with a -3% year-over-year change [4] - Revenues from Services- Americas- United States: $674.1 million, exceeding the average estimate of $671.45 million, with a -3.3% year-over-year change [4] - Revenues from Services- Americas- Other Americas: $385.9 million, above the average estimate of $357.07 million, with a +5% year-over-year change [4] - Revenues from Services- Southern Europe- Italy: $475.9 million, exceeding the average estimate of $448.47 million, with a +9.4% year-over-year change [4] Profitability Metrics - Operating Unit Profit- Corporate expenses: reported at $-55.1 million, compared to the average estimate of $-40.68 million [4] Stock Performance - Manpower shares have returned +8.3% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Here are 3 Outsourcing Stocks to Consider Amid Industry Woes
ZACKS· 2025-07-08 15:41
Industry Overview - The Zacks Outsourcing industry is facing challenges such as data privacy regulations, communication barriers, geopolitical risks, quality control issues, and loss of control [1] - Despite these headwinds, the industry is driven by the need to cut costs, the rise of remote work, increased focus on cybersecurity, and trends in AI and ML [1] Future Trends - Business process outsourcing (BPO) services are experiencing consistent growth due to flexibility, lower costs, and improved service quality [4] - The IT outsourcing market is robust, with companies increasingly outsourcing entire IT departments to reduce costs and focus on core operations, driven by a shortage of in-house engineering talent [4] Cybersecurity Demand - There is a rising demand for data encryption and cybersecurity measures due to increased public awareness and evolving cyber threats [5] - Companies are focusing on employee security training and breach detection systems, with many turning to outsourced cybersecurity services to mitigate risks [5] Technological Innovations - Trends such as IoT, cloud computing, AI, and ML are transforming the outsourcing sector, enhancing efficiency and competitiveness [6] - Innovations allow for real-time decision-making and predictive maintenance, while AI and ML integration in customer support optimizes operational costs [6] Industry Performance - The Zacks Outsourcing industry currently holds a Zacks Industry Rank of 196, placing it in the bottom 20% of 246 Zacks industries, indicating underperformance [7][8] - Over the past year, the industry has declined by 6.9%, underperforming the broader Zacks Business Services sector and the S&P 500, which grew by 16.6% and 13.8% respectively [9][10] Current Valuation - The industry is trading at a forward 12-month price-to-earnings (P/E) ratio of 15.96X, compared to the S&P 500's 22.75X and the sector's 22.38X [12] Investment Opportunities - **Barrett Business Services, Inc. (BBSI)**: Focuses on payroll administration and staffing, with growth driven by new client sales and technology investments [15][16] - **The Brink's Company, Inc. (BCO)**: A global provider of cash management services, experiencing growth across segments, particularly in digital retail solutions [18][19] - **Capgemini SE (CGEMY)**: An IT services and consulting company benefiting from strong growth in financial services and public sector, with a focus on AI [20][21]
Atlantic International Corp. Added to Membership of Russell 3000® Index
Globenewswire· 2025-06-17 13:01
Company recognized as part of the 2025 Russell Indexes Reconstitution, reflecting continued growth and market momentumENGLEWOOD CLIFFS, N.J., June 17, 2025 (GLOBE NEWSWIRE) -- Atlantic International Corp. (Nasdaq: ATLN), a leading provider of strategic staffing, outsourced services, and workforce solutions, today announced that it has been added as a member of the broad-market Russell 3000® Index, effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes annual reconstituti ...
Duluth Couple Opens AtWork to Serve West Gwinnett Community
GlobeNewswire News Room· 2025-06-13 12:30
Company Overview - AtWork is a leading staffing franchise in the United States, with over 100 locations nationwide and headquartered in Knoxville, Tennessee [6] - The company has been recognized by various organizations, including Forbes and Entrepreneur®, for its excellence in staffing and diversity initiatives [6] New Location Opening - AtWork has opened a new location in Duluth, Georgia, at 6601 Sugarloaf Parkway, Ste. 220, strategically positioned near I-85 and Gas South Arena [1][4] - The new branch, AtWork West Gwinnett, aims to provide staffing solutions for job seekers and businesses in the area [4] Leadership and Experience - The new location is locally owned by Wendy Smith and her husband, Jeremy, with Wendy bringing over 25 years of experience in human resources and a background in HR consulting [2] - Wendy is a Six Sigma Master Black Belt and holds a certification in AI strategy from Cornell University, focusing on AI's impact on the workforce [2] Mission and Impact - AtWork's mission is to connect people with jobs and jobs with people, having placed nearly 40,000 individuals in various positions annually [3] - The company emphasizes the transformative power of employment on individuals, families, and communities [3] Community Engagement - The Smiths are committed to fostering community connections and supporting local youth through their new staffing location [2][4] - Jason Leverant, President and COO of AtWork, highlighted the importance of the new location in helping employees thrive and businesses prosper [4]
Logent Group acquires HUB logistics Finland Oy and announces the intention to issue subsequent notes
Globenewswire· 2025-06-12 18:12
Logent Finland Bidco Oy, an indirect subsidiary of SSCP Lager BidCo AB (publ) (“Logent” or the “Company”) has entered into an agreement with the shareholders of the Finnish entity HUB logistics Finland Oy (“HUB logistics” or the “Target”) to acquire all the shares in the Target (the “Acquisition”). The closing of the Acquisition is expected to take effect on 23 June 2025 and is subject to customary conditions precedents. Logent has mandated Nordea Bank Abp and Pareto Securities AS as joint bookrunners to ar ...
欧洲商业服务:人员配置:2025年5月:欧洲的数据点持续改善
Goldman Sachs· 2025-06-11 02:50
10 June 2025 | 6:42PM BST Europe Business Services: Staffing: May '25: Datapoints continue to improve in Europe The m-o-m volumes were up 1.8% in May'25 vs. April'25. French temp work turnover also improved to c.-1% vs. c-5% in April '25. Dutch turnover data also received today (June 10th) for the 5th 4-week period of 2025 (April 21st to May 18th), improved significantly to c.+5% yoy vs. c.-2% in the 4th 4-week period (March 24th to April 20th). Number of hours worked improved to c.-1% yoy vs. c.-6% in the ...
Viemed Healthcare Announces Share Repurchase Program
Globenewswire· 2025-06-09 12:00
LAFAYETTE, La., June 09, 2025 (GLOBE NEWSWIRE) -- Viemed Healthcare, Inc. (the “Company” or “Viemed”) (NASDAQ:VMD), a national leader of in-home, technology-enabled post-acute respiratory care, today announced that its Board of Directors has authorized a share repurchase program, effective through June 2026. Under the share repurchase program, Viemed may purchase up to 1,976,441 common shares of the Company (“the Common Shares”) from time to time in accordance with applicable securities laws, representing a ...
SSCP Lager Bidco AB (publ) – Interim report for first quarter 2025
Globenewswire· 2025-05-27 12:00
SSCP Lager BidCo AB (publ) – Interim report for the period 1 January – 31 March 2025. Today SSCP Lager Bidco AB (publ) published an interim report for the first quarter, the report can be downloaded on www.logent.se or via the link below. For more information, please contact:Andrzej Kulik, CFO, telephone number: +46 738 15 67 00, andrzej.kulik@logent.se or Joel Engström, CEO, telephone number: +46 734 36 36 29, joel.engstrom@logent.se This press release was published on 27th May at CET 14:00 This informati ...