Resources Connection (RGP) Tops Q2 EPS by 11c
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Resources Connection, Inc. Reports Financial Results for Second Quarter Fiscal 2024
January 3, 2024 4:05 PM ESTIRVINE, Calif.--(BUSINESS WIRE)-- Resources Connection, Inc. (Nasdaq: RGP) (the Company), a global consulting firm, today announced financial results for its fiscal second quarter ended November 25, 2023.
Second Quarter Fiscal 2024 Highlights Compared to the Prior Year Quarter:
Revenue of $163.1 million compared to $200.4 million Same-day constant currency revenue, a non-GAAP measure, declined 19.2% Gross margin of 38.9% compared to 41.1% Net income of $4.9 million (net income margin of 3.0%), compared to $17.4 million (net income margin of 8.7%) Diluted earnings per common share of $0.14 compared to $0.51 Adjusted EBITDA, a... More