RGP - Resources Connection, Inc.
Resources Connection, Inc. is downgraded to Strong Sell due to deteriorating fundamentals and persistent demand weakness. RGP's Q1 FY27 revenue fell 18.4% YoY to $98.1M, with net loss widening to $8M and adjusted EBITDA turning negative. AI-driven disruption is accelerating revenue declines in core consulting and on-demand talent segments, with billable hours and utilization sharply down.
Resources Connection (NASDAQ: RGP - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.01, FiscalAI reports. The business had revenue of $98.09 million for the quarter, compared to analyst estimates of $99.98 million. Resources Connection had
Resources Connection NASDAQ: RGP reported first-quarter fiscal 2027 revenue of $98.1 million, with results meeting the company's prior outlook for revenue and gross margin while selling, general and administrative expenses came in better than expected. Management said client demand remains uneven, with extended approval cycles and delayed project starts continuing to weigh on revenue conversion.
Resources Connection, Inc. (RGP) Q1 2027 Earnings Call Transcript
Resources Connection (RGP) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to earnings of $0.03 per share a year ago.
DALLAS--(BUSINESS WIRE)--Resources Connection, Inc. (Nasdaq: RGP) (the “Company”), a professional services firm, today announced its financial results for its first quarter of fiscal 2027 ended August 29, 2026. First Quarter Fiscal 2027 Highlights Compared to Prior Year Quarter: Revenue of $98.1 million compared to $120.2 million Gross margin of 37.4% compared to 39.5% Selling, General and Administrative (“SG&A”) expenses improved to $43.1 million compared to $47.9 million Adjusted SG&A.
DALLAS--(BUSINESS WIRE)--Resources Connection, Inc. (Nasdaq: RGP) (the “Company,” “we,” and “our”), a global consulting firm, will announce results of operations for its first quarter ended August 29, 2026 after the close of market on October 7, 2026.This release will be followed by a conference call at 5:00 p.m. ET, October 7, 2026. A live webcast of the call will be available on the “Investor Relations” Events section of the Company's website. To access the call by phone, please go to this lin.
Resources Connection is a turnaround play, facing internal and external headwinds with sharply deteriorated financials and a plummeting stock price. RGP's new management is executing a transition plan targeting $12–16 million in annual savings, but revenue and margins remain under pressure. The company maintains a net cash balance sheet of $82.4 million, supporting its high but currently uncovered 6.3% dividend yield.
DALLAS--(BUSINESS WIRE)--Resources Connection, Inc. (Nasdaq: RGP) (the “Company”) announced today that Jennifer Y. Ryu has resigned as the Company's Chief Financial Officer, effective October 2, 2026. The Company will initiate a search for a successor, and Jessica Block will assume the role of interim Chief Financial Officer to ensure continuity and continued focus on the Company's strategic priorities.Ms. Block joined RGP in March 2026 as Chief AI Officer, bringing more than 20 years of experie.
Resources Connection, Inc. (Nasdaq: RGP) (the âCompanyâ), a global consulting firm, today announced that Chief Executive Officer Roger Carlile and Chief Art
DALLAS--(BUSINESS WIRE)--Resources Connection, Inc. (Nasdaq: RGP) (the “Company”), a global consulting firm, today announced that Chief Executive Officer Roger Carlile and Chief Artificial Intelligence Officer Jessica Block will participate in both the Northcoast Research Virtual Conference on Wednesday, September 9, 2026, and the William Blair Human Capital Services Conference on Tuesday, September 15 and Wednesday, September 16, 2026. Management will host virtual investor meetings each day in.
Dimensional Fund Advisors LP lessened its stake in shares of Resources Connection, Inc. (NASDAQ: RGP) by 23.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 994,169 shares of the company's stock after selling 298,160 shares during the period. Dimensional Fund Advisors LP owned about 2.90%
DALLAS--(BUSINESS WIRE)--Resources Connection, Inc. (Nasdaq: RGP) (the “Company”) announced today that the Board of Directors has approved a cash dividend of $0.07 per share, payable on October 1, 2026 to all stockholders of record on September 3, 2026. ABOUT RGP RGP (Nasdaq: RGP) has been redefining professional services for 30 years by closing the gap between advice and execution. RGP combines the flexibility of on-demand talent, the rigor of consulting, and the accountability of managed serv.
Upwork (NASDAQ: UPWK - Get Free Report) and Resources Connection (NASDAQ: RGP - Get Free Report) are both small-cap industrials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations. Profitability This table compares Upwork and Resources Connection's
Resources Connection (RGP) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.16 per share a year ago.
Resources Connection, Inc. (RGP) Q4 2026 Earnings Call Transcript
Resources Connection NASDAQ: RGP, which does business as RGP, reported fourth-quarter fiscal 2026 revenue of $106.1 million and said demand conditions appeared broadly stable as the company continues to invest in sales, consulting and artificial intelligence initiatives.
DALLAS--(BUSINESS WIRE)--Resources Connection, Inc. (Nasdaq: RGP) (the “Company”), a professional services firm, today announced its financial results for its fourth quarter and full fiscal year ended May 30, 2026. Fourth Quarter Fiscal 2026 Highlights Compared to Prior Year Quarter: Revenue of $106.1 million compared to $139.3 million Gross margin of 37.6% compared to 40.2% Selling, General and Administrative (“SG&A”) expenses of $54.6 million compared to $50.6 million Adjusted SG&A ex.
Resources Connection, Inc. (NASDAQ: RGP - Get Free Report) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 1,305,464 shares, a decline of 36.9% from the June 15th total of 2,068,451 shares. Based on an average daily volume of 1,029,136 shares, the days-to-cover ratio is currently 1.3
DALLAS--(BUSINESS WIRE)--Resources Connection, Inc. (Nasdaq: RGP) (the “Company,” “we,” and “our”), a global consulting firm, will announce results of operations for its fourth quarter and full fiscal year ended May 30, 2026 after the close of market on July 22, 2026.This release will be followed by a conference call at 5:00 p.m. ET, July 22, 2026. A live webcast of the call will be available on the “Investor Relations” Events section of the Company's website. To access the call by phone, please.