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) delivers practical consulting and corporate communication services to global enterprises. This news hub provides investors and business professionals with verified updates on strategic developments, financial disclosures, and operational milestones.
Access timely announcements including quarterly earnings reports, leadership changes, partnership agreements, and regulatory filings. Our curated collection ensures transparent tracking of RGP’s initiatives in business transformation, risk management, and cross-functional consulting engagements.
Key updates cover both RGP’s consulting segment and Sitrick’s crisis communication services. Bookmark this page to monitor execution-focused developments in operational efficiency, compliance strategies, and enterprise-wide change management programs.
RGP (Nasdaq: RGP), a global consulting firm, released a report highlighting significant challenges executives face in executing critical projects. Since the pandemic, the number of such projects has surged, yet only 15% of companies achieve their goals. RGP surveyed 404 executives across North America, Europe, and Asia Pacific, revealing that 24% of firms fulfill less than half their project objectives. A tight labor market and increasing reliance on external talent—currently 45% of project teams—complicate project management. Companies achieving project goals saw a 63% market cap increase over five years, contrasting with a 24% decline for those struggling.
Resources Connection, Inc. (Nasdaq: RGP) reported strong fiscal second quarter results for 2023, with revenue of $200.4 million, up slightly year-over-year. The net income increased to $17.4 million (8.7% margin), compared to $14.3 million (7.1% margin) in the prior year. Gross margin improved to 41.1%, up from 39.3%, while diluted earnings per share rose to $0.51 from $0.42. Cash dividends declared were $0.14 per share. Management indicated a healthy pipeline and cautious optimism despite macroeconomic challenges.
Resources Connection, Inc. (Nasdaq: RGP) will announce its fiscal 2023 second quarter results on January 4, 2023, after market close. A conference call will be held at 5:00 p.m. ET on the same day, with a live webcast available on the Company’s investor relations page. RGP, recognized as one of Forbes’ Best Management Consulting Firms for 2022, specializes in project execution services and has served over 87% of the Fortune 100. With 4,200 professionals, RGP is well-positioned to meet the growing demand for agile workforce solutions amid transformation pressures in the market.
Resources Connection, Inc. (Nasdaq: RGP) announced participation in Sidoti’s Virtual Investor Conference on December 7, 2022. CEO Kate Duchene and CFO Jennifer Ryu will present from 4:00-4:30 p.m. ET. The presentation will be available live and via replay on the Company’s website. RGP specializes in providing professional talent and solutions for business transformation, compliance, and change management, supporting over 2,500 global clients, including 87% of the Fortune 100, with a workforce of approximately 5,000 professionals.
Resources Connection, Inc. (RGP) has declared a cash dividend of $0.14 per share, set to be paid on December 15, 2022. This dividend will be issued to all stockholders of record on November 17, 2022. RGP, a global consulting firm, specializes in project execution services, leveraging diverse talent to meet operational demands and change initiatives. The firm serves over 2,200 clients globally and is based in Irvine, California, listed on the Nasdaq Global Select Market.
Resources Connection, Inc. (NASDAQ: RGP) is enhancing its digital transformation through RGPedia, a new platform developed in partnership with Veracity Consulting Group and Akumina. RGPedia connects internal teams, consultants, and clients, enabling content updates and improving workflow efficiency. Notable features include COVID-19 communication capabilities and client-branded areas. RGP emphasizes that this initiative is just the beginning of their ongoing digital evolution, focused on empowering users and increasing operational capacity.
Resources Connection, Inc. (RGP) reported strong financial results for its fiscal first quarter ending August 27, 2022. Revenue rose 11.4% year-over-year to $204.1 million, with same-day constant currency revenue up 17.0%. Gross profit increased by 16.8% to $83.5 million, and net income reached $18.1 million, representing a margin of 8.9%. Diluted earnings per share climbed to $0.53. Adjusted EBITDA margin also improved, reaching a record 15.0%. The firm continues to benefit from a shift towards agile work amid a tight labor market, with broad-based growth across various sectors.
Resources Connection, Inc. (RGP) is set to release its fiscal 2023 first-quarter results on October 5, 2022. The results will be made public after market close, followed by a conference call at 5:00 p.m. ET on the same day. Investors can access the call via phone or a live webcast on the Company's website. RGP continues to be recognized as a leader in the consulting industry, recently named among Forbes' Best Management Consulting Firms for 2022. The Company operates with approximately 4,300 professionals globally and serves over 88% of the Fortune 100.
Resources Connection, Inc. (RGP) announced its participation in Sidoti’s Virtual Investor Conference on September 22, 2022. Key executives, including Kate Duchene, Timothy Brackney, and Jennifer Ryu, will present from 1:45 – 2:15 p.m. ET. The presentation will be available live on the Company’s Investor Relations website and through Sidoti’s platform. RGP focuses on delivering project execution services worldwide, serving over 2,200 clients across various sectors and employing up to 5,000 professionals. The company is headquartered in Irvine, California.
RGP has declared a cash dividend of