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Resources Connection, Inc. Reports Financial Results for First Quarter Fiscal 2021

October 7, 2020 4:10 PM EDT

Delivered Positive Operating Cash Flow in an August Quarter

IRVINE, Calif.--(BUSINESS WIRE)-- Resources Connection, Inc. (Nasdaq: RGP), a multinational business consulting firm operating as Resources Global Professionals (the Company or RGP), today announced financial results for its fiscal first quarter ended August 29, 2020.

First Quarter Fiscal 2021 Highlights Compared to Prior Fiscal Year First Quarter:

Revenue of $147.3 million compared to $172.2 million, or down 14.4% Gross profit of $57.9 million compared to $67.5 million Gross margin improved 10 basis points to 39.3% SG&A of... More