Resources Connection (RECN) Tops Q1 EPS by 3c
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Resources Connection, Inc. Reports First Quarter Results for Fiscal 2016
October 7, 2015 4:05 PM EDTCompany reports revenues of $148.3 million, up 3.4% over prior year quarter (6.3% constant currency) Earnings per share increases to $0.19, up 35.7% from $0.14 in prior year quarter Adjusted EBITDA* improves 16.3% to $15.7 million (10.6% of revenue) Company returns $9.2 million in capital to shareholders
* Adjusted EBITDA is defined as earnings before interest, income taxes, depreciation, amortization and stock-based compensation
IRVINE, Calif.--(BUSINESS WIRE)-- Resources Connection, Inc. (NASDAQ: RECN) today announced financial results for its first fiscal quarter ended August 29, 2015. Resources Connection, Inc. (the Company) is a... More
