Robert Half International Inc. (NYSE:RHI) provided its Q3 results, with the flexibility of remote work and labor shortages continuing to benefit the company’s growth and profitability. Quarterly revenue came in at $1.7 billion and Non-GAAP EPS at $1.53, which both beat the consensus estimates.

The company’s small and midsize business (SMB) customers are embracing remote work and using it to actively recruit talent outside their local area to find key skills and/or cheaper labor options. The company experiences a modest 5-10% decline in the public-related business in Q4 sequentially due to slowing government assistance programs for COVID-19 unemployment. Private sector demand remains strong due to labor shortages and numerous customer investment initiatives.