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Resources Connection - RGP STOCK NEWS

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

Resources Connection, Inc. (RGP) is a professional consulting firm that specializes in providing practical, high-quality advice and execution services to business leaders across various industries. Unlike traditional consultants who offer extensive reports with suggestions, RGP focuses on delivering sound, no-nonsense advice and meticulous implementation. This approach ensures that clients not only understand what needs to be done but also see it executed effectively.

Headquartered in Irvine, California, RGP operates primarily through its subsidiary, Resources Global Professionals. The company is divided into two main segments: RGP (Resources Global Professionals) and Other Segments. It offers a broad range of services including transformation and improvement, financial reporting and analysis, strategy development, and program and project management.

Core Business and Expertise

RGP's core expertise spans several critical business domains:

  • Finance and Accounting: Offering financial reporting, analysis, and strategic financial planning.
  • Human Capital: Providing HR solutions, talent management, and organizational development.
  • Information Management: Helping clients with data governance, IT strategy, and cybersecurity.
  • Legal and Compliance: Assisting with risk management, regulatory compliance, and legal advisory services.
  • Supply Chain: Supporting logistics, procurement, and supply chain optimization.

Recent Achievements and Projects

RGP has recently achieved significant milestones in various sectors. The firm is actively involved in numerous high-impact projects aimed at driving change and implementing strategic initiatives for its clients. These projects range from financial transformation efforts to human capital optimization and IT strategy development.

Financial Condition and Partnerships

Financially, RGP is a robust entity with a strong market presence. The company has formed strategic partnerships with several top-tier organizations, enabling it to offer enhanced services and solutions. RGP's collaborative approach ensures that it remains at the forefront of industry developments, continually providing value to its clients.

Why Choose RGP?

RGP is known for its proven problem-solving capabilities and the ability to start adding value as soon as an engagement begins. The company's professionals come from diverse business backgrounds, bringing a wealth of knowledge and experience to the table. This diversity allows RGP to exceed client expectations consistently, building lasting relationships with some of the world's largest and most well-known businesses.

Conclusion

Choosing RGP means partnering with a firm that doesn't just advise but takes tangible steps to implement solutions. With a strong emphasis on practical consulting and a track record of successful engagements, RGP stands out as a leader in the consulting industry.

Rhea-AI Summary

Resources Connection, a global consulting firm, is set to disclose its fourth quarter and full fiscal year 2024 results on July 18, 2024, after the market closes. The period assessed ended on May 25, 2024. A conference call will follow the announcement at 5:00 p.m. ET, with a live webcast accessible through the company's Investor Relations events page. Interested parties are encouraged to register and join the call 15 minutes prior to its start. A replay of the webcast will be available for a time on the company's website.

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Resources Connection (Nasdaq: RGP) has completed the acquisition of Reference Point, a consulting firm specializing in the financial services sector. Reference Point provides services in Strategy & Management, Risk & Regulatory Compliance, Digital & Technology, and Data & Analytics. Established in 2002, Reference Point is known for its unique consulting model driven by former industry executives. This acquisition aims to enhance RGP's consulting capabilities and client base, particularly in financial services. The combined expertise is expected to accelerate growth and market share. Key executives from Reference Point will continue to lead the business alongside RGP management.

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Resources Connection, a global consulting firm, announced that its CEO, Kate Duchene, and CFO, Jennifer Ryu, will participate in the Noble Capital Markets Virtual Conference. The event is scheduled for Wednesday, June 26, 2024, from 12:00 to 12:30 PM Eastern Time. A live webcast and replay of the presentation will be accessible on the Investor Relations section of the company's website. Besides the fireside chat, the management team will also engage in virtual investor meetings throughout the day. This participation aims to provide investors with insights into the company's strategies and performance.

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Resources Connection (Nasdaq: RGP) announced leadership changes in its On-Demand Talent and Consulting business units. Michael Lane joins as President of On-Demand Talent, and Jon Bohlman is promoted to President of Veracity Consulting. Lane comes from Eliassen Group, where he was Chief Revenue Officer, contributing to significant growth and operational excellence. Bohlman, co-founder of Veracity Consulting, has been with RGP since 2019. CEO Kate Duchene emphasized the need for clarity and focus on three core offerings: On-Demand Talent, Consulting, and Outsourced Services. These changes aim to optimize strategies and enhance RGP's market position.

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Resources Connection (Nasdaq: RGP), a global consulting firm, announced that CEO Kate Duchene and SVP Kristopher Meyer will participate in a fireside chat at the Sidoti Virtual Investor Conference.

The event is scheduled for June 13, 2024, from 2:30 to 3:00 PM Eastern Time. A live webcast will be available on the company's Investor Relations page. Management will also conduct virtual meetings throughout the day.

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Resources Connection (Nasdaq: RGP) announced the appointment of Roger Carlile to its Board of Directors, effective June 3, 2024. Roger Carlile, who brings over 35 years of experience in the human capital industry, will also serve on the Compensation and Corporate Governance and Nominating Committees. Carlile founded Ankura Consulting Group, growing it to over $550 million in revenue and 1,500 employees. Prior to Ankura, he held leadership roles at FTI Consulting, KPMG, PwC, and Deloitte. Carlile's appointment is seen as a strategic move to leverage his expertise in scaling global businesses and leading transformational change, aiming to enhance RGP's capabilities in the professional services industry.

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Resources Connection (RGP), a global consulting firm, announced its participation in the Baird Global Consumer, Technology & Services Conference on June 5th. The company's management will engage with investors during the event. This participation aims to enhance investor relations and showcase the company's strengths in the consulting sector.

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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.
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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%.
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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.
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FAQ

What is the current stock price of Resources Connection (RGP)?

The current stock price of Resources Connection (RGP) is $8.54 as of December 2, 2024.

What is the market cap of Resources Connection (RGP)?

The market cap of Resources Connection (RGP) is approximately 280.8M.

What does Resources Connection, Inc. do?

Resources Connection, Inc. (RGP) provides consulting and business initiative support services, focusing on practical advice and quality execution across various business domains.

What are the main segments of RGP?

RGP operates through two main segments: Resources Global Professionals (RGP) and Other Segments.

Which industries does RGP serve?

RGP serves industries including accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications, information management, human capital, supply chain management, and legal and regulatory sectors.

What services does RGP offer?

RGP offers services in transformation and improvement, financial reporting and analysis, strategy development, and program and project management.

Where is RGP headquartered?

RGP is headquartered in Irvine, California.

How does RGP differentiate itself from traditional consultants?

RGP focuses on practical, high-quality advice and meticulous execution, ensuring clients not only know what needs to be done but also see it effectively implemented.

Who are the professionals at RGP?

RGP's professionals come from diverse backgrounds in finance, human capital, information management, legal, risk and compliance, and supply chain, bringing a wealth of knowledge and experience.

What is RGP’s approach to client engagement?

RGP partners with business leaders to solve problems, implement initiatives, drive change, and transfer knowledge, adding value as soon as the engagement begins.

What recent achievements has RGP made?

RGP has achieved significant milestones in various sectors, including financial transformation, human capital optimization, and IT strategy development.

Why should businesses choose RGP?

Businesses should choose RGP for its practical consulting approach, proven problem-solving capabilities, and a track record of successful client engagements.

Resources Connection

Nasdaq:RGP

RGP Rankings

RGP Stock Data

280.82M
32.66M
2.41%
89.66%
2.35%
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