Resources Connection Stock Price, News & Analysis

Global consulting firm Resources Connection, Inc. (NASDAQ: RGP) announced that CEO Kate Duchene, President & COO Timothy Brackney, and CFO Jennifer Ryu will attend JP Morgan’s Ultimate Services Investor Conference on November 18, 2021, hosting investor meetings throughout the day.

RGP is recognized among Forbes’ Best Management Consulting Firms for 2021. The company specializes in providing transformational human capital solutions globally.

RGP (Nasdaq: RGP) has released a study entitled “Human Agility in the Now of Work,” which analyzes how Fortune 1000 companies adapt to disruption. The research surveyed over 200 leaders and employees, revealing companies with a culture of innovation reap 15% more benefits from change. However, 40% of participants indicated their firms only change when under financial threat. Key traits of agile organizations include distributed leadership, flexibility, resilient operations, nimble finances, and continuous listening. The findings suggest that adapting to change is essential for business survival.

Resources Global Professionals (RGP) has announced a cash dividend of $0.14 per share, set to be paid on December 16, 2021, to shareholders of record on November 18, 2021. This decision reflects the company's commitment to returning value to its investors. RGP is a global consulting firm specializing in helping businesses manage transformation and compliance challenges, boasting a workforce of approximately 5,000 professionals and partnerships with over 2,100 clients worldwide.

RGP has launched HUGO by RGP, a digital staffing platform designed for accounting and finance professionals, providing flexibility and traditional employee benefits. This omni-channel platform is exclusive to the New York Tristate Region, offering users transparency, speed, and a curated pool of consultants. HUGO enables hiring managers to streamline project timelines while relieving businesses from HR and payroll burdens. The model emphasizes both high-tech solutions and personal service, positioning RGP as a leader in the evolving employment landscape.

Resources Connection, Inc. (Nasdaq: RGP) reported its strongest first-quarter revenue and margins in over a decade, with fiscal Q1 2022 revenue at $183.1 million, up 24.3% year-over-year. Net income rose to $12.9 million with a margin of 7.1%, compared to $2.3 million (1.6%) last year. Adjusted EBITDA reached $22.4 million, marking a 12.2% margin. SG&A expenses declined to 28.1% of revenue, a 660 basis points improvement from the previous year. The company declared a cash dividend of $0.14 per share, reflecting its strong operational performance.

RGP announces a strategic alliance with Kotter, a consulting firm specializing in change management. This partnership will enhance RGP's Return on Change™ initiative, enabling businesses to achieve transformation goals in 90 days or less. The collaboration leverages Kotter's proven methodologies, established through decades of research, to improve RGP's service offerings. With over 1,000 change management engagements already completed and expectations for significant transformations among clients, this alliance aims to increase strategic value and accelerate results for organizations in today's fast-paced business environment.

Resources Global Professionals (RGP) will announce its first quarter fiscal 2022 results, ending August 28, 2021, after market close on October 6, 2021. A conference call will follow at 5:00 p.m. ET, open to all without a password. RGP, recognized by Forbes as one of the Best Management Consulting Firms for 2021, specializes in addressing complex business challenges globally. Founded in 1996, RGP has a workforce of approximately 5,000 professionals supporting over 2,100 clients, including 85% of the Fortune 100. The firm is listed on the Nasdaq Global Select Market.

Resources Connection, Inc. (RGP) announced its participation in Sidoti’s Fall Virtual Investor Conference on September 22, 2021, at 1:45 p.m. EST. RGP's President & COO Kate Duchene, along with CFO Jennifer Ryu and other executives, will present at the event. Investors can access the live webcast via the Company’s Investor Relations webpage or the Sidoti event link. RGP specializes in human capital solutions, enhancing business outcomes through effective collaboration and resource alignment. The firm serves a diverse clientele, including over 85% of the Fortune 100.

Resources Global Professionals (RGP) announced a cash dividend of $0.14 per share, scheduled for payment on September 23, 2021. Shareholders of record as of August 26, 2021 will be eligible for this dividend. RGP operates as a global consulting firm, focusing on professional staffing and project execution across various business needs. With around 5,000 professionals, RGP supports over 2,100 clients globally, emphasizing rapid business outcomes through agile human capital solutions.