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Resources Connection Inc - RGP STOCK NEWS

Welcome to our dedicated news page for Resources Connection (Ticker: RGP), a resource for investors and traders seeking the latest updates and insights on Resources Connection.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Resources Connection's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Resources Connection's position in the market.

Rhea-AI Summary
Resources Connection, Inc. (Nasdaq: RGP) declares a quarterly dividend of $0.14 per share, with a payment date set for June 13, 2024, benefiting all stockholders of record on May 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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dividends
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Rhea-AI Summary
Resources Connection, Inc. (RGP) reported its fiscal third-quarter results with revenue of $151.3 million, a 19.6% decline in same-day constant currency revenue, gross margin of 37.0%, net income of $2.6 million, and diluted earnings per share of $0.08. The company highlighted a successful technology transformation, acquisition of Reference Point, and a resilient pipeline. However, billable hours decreased by 12.3%, average bill rates declined, and SG&A expenses improved by 16.5%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.57%
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Rhea-AI Summary
Resources Connection, Inc. (RGP) appoints Bhadresh Patel as Chief Operating Officer, showcasing his experience in driving digital transformation and growth. Mr. Patel will oversee global operations and strategic vision, focusing on core consulting capabilities and on-demand talent business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.57%
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management
Rhea-AI Summary
Resources Connection, Inc. (RGP) acquires Reference Point , a consulting firm specializing in the financial services sector. The transaction aims to enhance RGP's consulting capabilities and expand its high-value advisory services for financial clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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Rhea-AI Summary
Resources Connection, Inc. (RGP) will announce Q3 fiscal 2024 results on April 3, 2024, followed by a conference call. A live webcast and replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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Rhea-AI Summary
Resources Connection, Inc. (RGP) disclosed that its CEO and CFO will engage in a fireside chat at the Sidoti Virtual Investor Conference. The event will occur on March 14, 2024, with a live webcast accessible through the Company's website. Additionally, management will conduct virtual meetings during the day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
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conferences
Rhea-AI Summary
RGP (Nasdaq: RGP) released research on workforce investment decisions for U.S. businesses in 2024. Over 80% plan to increase workforce development investment. Skills gaps in AI, automation, project management, data management, and soft skills are prevalent. Financial decision-makers prioritize upskilling, outside talent, and AI impact on workforce development. Lower interest rates could boost investments in workforce strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.85%
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none
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Rhea-AI Summary
Resources Connection, Inc. (RGP) has declared a cash dividend of $0.14 per share, payable on March 14, 2024, to stockholders of record on February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
dividends
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Rhea-AI Summary
Resources Connection, Inc. (Nasdaq: RGP) announced financial results for Q2 fiscal 2024, reporting a decline in revenue to $163.1 million from $200.4 million in the prior year quarter. Net income was $4.9 million, down from $17.4 million. Diluted earnings per share decreased to $0.14 from $0.51. Adjusted EBITDA was $16.1 million, down from $29.6 million. The company is cautiously optimistic about revenue growth in 2024 despite challenging macroeconomic conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
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Rhea-AI Summary
Resources Connection, Inc. (Nasdaq: RGP) will announce its second quarter fiscal 2024 results on January 3, 2024, followed by a conference call. A live webcast and replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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Resources Connection Inc

Nasdaq:RGP

RGP Rankings

RGP Stock Data

392.51M
32.00M
5.55%
90.91%
4.52%
Payroll Services
Professional, Scientific, and Technical Services
Link
United States
Irvine

About RGP

we’re all about practical consulting. traditional consultants give you a binder full of suggestions. we give you sound, no-nonsense advice and quality execution—big picture insights and meticulous implementation. we don’t stop at telling clients what needs doing. we help get it done. rgp partners with business leaders to solve problems, implement initiatives, drive change and transfer knowledge. we are proven problem solvers who start adding value as soon as we begin an engagement—accomplished professionals from a wide range of business backgrounds including finance & accounting, human capital, information management, legal, risk & compliance and supply chain. constantly striving to exceed client expectations, our professionals have the talent, integrity, enthusiasm and loyalty to build lasting relationships with the leaders of some of the world's largest, best-known businesses.