Resources Connection (RGP) Tops Q3 EPS by 15c

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Go back to Resources Connection (RGP) Tops Q3 EPS by 15c

Resources Connection, Inc. Reports Financial Results for Third Quarter Fiscal 2024

April 3, 2024 4:30 PM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Resources Connection, Inc. (Nasdaq: RGP) (the Company), a global consulting firm, today announced financial results for its fiscal third quarter ended February 24, 2024.

Third Quarter Fiscal 2024 Highlights Compared to the Prior Year Quarter:

Revenue of $151.3 million compared to $186.8 million Same-day constant currency revenue, a non-GAAP measure, declined 19.6% Gross margin of 37.0% compared to 38.3% SG&A expenses of $49.6 million compared to $59.4 million, an improvement of 16.5% Net income of $2.6 million (net income margin of 1.7%), compared to $7.0 million (net income margin of... More