Resources Connection (RECN) Reports In-Line Q3 EPS

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Resources Connection, Inc. Reports Third Quarter Results for Fiscal 2016

April 7, 2016 4:05 PM EDT

Company reports earnings per share of $0.16 on $146.8 million of revenue ($148.4 million in constant currency) Adjusted EBITDA* up 1.6% to $13.1 million (8.9% of revenue) Company returns $12.2 million in capital to shareholders Company announces CFO Nate Frankes planned retirement

*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 third fiscal quarter ended February 27, 2016. Resources Connection, Inc. (the Company) is a multinational... More