STOCK TITAN

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. Approves Cash Dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
dividends
-
Rhea-AI Summary
RGP's report reveals that strategic initiatives in the life sciences industry, particularly M&A activity, are failing too often, highlighting the need for a new approach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
none
-
Rhea-AI Summary
Resources Connection, Inc. announces Q1 fiscal 2024 results with revenue of $170.2 million, a 17.0% decline compared to the prior year quarter. Net income was $3.1 million, a decrease from $18.1 million. Diluted earnings per share were $0.09 compared to $0.53. Adjusted EBITDA margin was 6.8% compared to 15.0%. Available financial liquidity increased to $286.8 million. Gross margin was 39.4% compared to 40.9%. SG&A was $59.9 million, or 35.2% of revenue. Income tax expense was $2.1 million with an effective tax rate of 40.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.56%
Tags
earnings
Rhea-AI Summary
Financial services organizations struggle to manage data-intensive projects, with 40% of executives finding it more difficult since 2020. Shortage of capable talent hinders meeting project goals on time, according to 73% of respondents. Only 15% achieved or exceeded goals for critical projects since 2020. Leaders plan to upgrade project skills in areas such as assessing and planning (50%), embracing major changes (40%), and advanced project management tools (39%). Talent shortages and skill gaps are being addressed by matching critical needs with experienced outside talent. Surge staffing is anticipated to accelerate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
none
-
Rhea-AI Summary
Resources Connection, Inc. will announce Q1 fiscal 2024 results on October 4, 2023, 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
2.07%
Tags
earnings
-
Rhea-AI Summary
Resources Connection, Inc. to participate in Sidoti's Virtual Investor Conference on September 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
conferences
Rhea-AI Summary
Resources Connection, Inc. (Nasdaq: RGP) has increased its Board of Directors from 10 to 11 members and appointed Sue Collyns as a new member. Collyns brings extensive experience as a public company board member and a background in finance, accounting, and operations. She has served on the boards of Dine Brands Global, Waitr Holdings, Potbelly, and Zoe's Kitchen. Collyns was previously President and CFO of The Beachbody Company, where she played a key role in transitioning the company's revenue model to recurring streaming services. She also held executive positions at Dun and Bradstreet Credibility Corp. and California Pizza Kitchen. Collyns holds a Bachelor of Economics from Macquarie University and is a Certified Public Accountant.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
management
-
Rhea-AI Summary
Resources Connection, Inc. (Nasdaq: RGP) Announces $0.14 Cash Dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
Tags
earnings
Resources Connection Inc

Nasdaq:RGP

RGP Rankings

RGP Stock Data

440.97M
31.74M
5.49%
91.25%
5.44%
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.