Resources Connection (RECN) Tops Q1 EPS by 7c, Revenues Beat

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Resources Connection, Inc. Reports First Quarter Results for Fiscal 2019

October 3, 2018 4:05 PM EDT

Q1 2019 revenue increases 26.5% YOY to $178.6 million

SG&A as a percent of revenue improves by 40 basis points sequentially and 200 basis points YOY

Gross margin improves 20 basis points YOY

Q1 2019 diluted earnings per common share increases to $0.18 compared to $0.07 in prior year quarter

Q1 2019 net income increases to $9.2 million compared to $5.0 million in prior year quarter

Q1 2019 Adjusted EBITDA Margin at 7.4% compared to 5.6% in prior year quarter

IRVINE, Calif.--(BUSINESS WIRE)-- Resources Connection, Inc. (Nasdaq: RECN), a... More