UPDATE: Resources Connection (RECN) Misses Q3 EPS by 1c, Revenues Miss; Appoints Tim Brackney as President & COO

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Go back to UPDATE: Resources Connection (RECN) Misses Q3 EPS by 1c, Revenues Miss; Appoints Tim Brackney as President & COO

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

April 3, 2019 4:00 PM EDT

Q3 2019 revenue increases 4.1% year-over-year to $179.5 million

Q3 2019 gross margin improves to 37.8% from 36.3% in prior year

SG&A as a percent of revenue improves by 110 basis points YOY

Q3 2019 diluted earnings per common share increases to $0.18 compared to $0.14 in prior year quarter

Q3 2019 adjusted diluted earnings per common share increases to $0.20 compared to $0.09 in prior year quarter

Q3 2019 pretax income more than doubles to $9.6 million from $4.6 million in prior year quarter

Company announces appointment of Tim Brackney as President and Chief Operating... More