Resources Connection (RECN) Misses Q2 EPS by 5c, Beats on Revenues

Resources Connection (NASDAQ: RECN) reported Q2 EPS of $0.07, $0.05 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $141.2 million versus the consensus estimate of $140.3 million.

• Revenue of $141.2 million for the quarter
• Net income of $2.1 million and adjusted EBITDA* of $7.9 million for the quarter
• Diluted earnings per share of $0.07 for the quarter (including $0.05 per share for severance and acquisition related costs)
• Company makes progress on strategic initiatives to enhance revenue and profitability

For earnings history and earnings-related data on Resources Connection (RECN) click here.

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