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.
Resources Connection, Inc. (Nasdaq: RGP) reported robust financial results for Q4 and the full fiscal year 2022. Revenue surged 25.9% year-over-year to $217 million, achieving its highest quarterly revenue since 2008. For the full year, revenue rose 27.9% to $805 million. Gross profit also improved, reaching $316.6 million with a gross margin of 39.3%. However, net income declined to $20.5 million in Q4 due to a lack of prior-year tax benefits. Management highlighted strong pipeline growth and operational efficiency as key drivers for future performance.
Resources Connection, Inc. (RGP) will release its fourth-quarter fiscal 2022 operational results on July 28, 2022, after market close. A conference call will follow at 5:00 p.m. ET on the same day. RGP provides global consulting services and has been recognized by Forbes as one of the Best Management Consulting Firms for 2022. With over 4,300 professionals, RGP serves over 2,200 clients worldwide, positioning itself as a leader in flexible workforce strategies. The company is headquartered in Irvine, California, and listed on the Nasdaq Global Select Market.
Resources Connection, Inc. (RGP) has announced its participation in Sidoti’s Summer Small Cap Virtual Investor Conference on June 16, 2022. RGP's President, Timothy Brackney, and CFO, Jennifer Ryu, will present from 12:15 p.m. to 12:45 p.m. ET. The presentation will be available live and for replay on the Company's website. RGP is recognized among Forbes' Best Management Consulting Firms for 2022 and specializes in human capital solutions, supporting over 2,500 clients globally, including 88% of Fortune 100 companies.
Resources Global Professionals (RGP) has announced a cash dividend of $0.14 per share, to be paid on June 8, 2022, for shareholders recorded as of May 11, 2022. This decision reflects the company's ongoing commitment to shareholder returns. RGP specializes in consulting services focused on transformation, compliance, and human capital strategy, engaging with over 2,500 clients globally. With approximately 5,000 professionals across multiple offices, RGP has a proven track record, having served over 88% of the Fortune 100.
RGP (Nasdaq: RGP) plans to expand its digital staffing platform, HUGO, into Texas and California in FY23 after a successful pilot in the New York Tristate Region. According to a report by Staffing Industry Analysts, HUGO is recognized as a 'first mover' in finance and accounting staffing. CEO Kate Duchene highlighted the platform's ability to meet project-based needs amid a changing workforce. HUGO provides traditional employment benefits while maintaining gig economy flexibility. The platform aims for a Q1 FY23 launch in California and Q2 FY23 in Texas.
Resources Connection, Inc. (Nasdaq: RGP) reported record revenue of $204.6 million for the third quarter of fiscal 2022, a 30.6% increase year-over-year. Net income surged to $19.4 million with a 9.5% net margin, up from $0.7 million in the prior year. The company improved its gross margin to 37.5% and adjusted EBITDA more than doubled to $22.5 million, resulting in an 11.0% margin. SG&A expenses decreased as a percentage of revenue to 27.9%.
RGP attributes its success to enhanced operational execution, larger deal sizes, and demand for digital transformation services.
Resources Connection, Inc. (RGP) will host an Investor Day on April 12, 2022, from 9 a.m. to 11:30 a.m. ET at Nasdaq MarketSite, NYC. Management will ring the closing bell, and the event will be webcast live. RGP plans to release its Q3 fiscal 2022 results on April 6, 2022, after market close, followed by a conference call at 5:00 p.m. ET. RGP has been recognized in Forbes' Best Management Consulting Firms for 2022, showcasing its innovative human capital solutions aimed at addressing global business challenges.
RGP (Nasdaq: RGP) has been recognized for its leadership and performance in the staffing industry, with CEO Kate Duchene named in the Staffing Industry Analysts' Staffing 100 North America list for 2022. Additionally, RGP ranked #9 among the largest Finance/Accounting staffing firms in the U.S. The company reported its highest revenues in a decade during Q1 and Q2 FY22, driven by increased demand for project-based work and operational improvements. RGP continues to support Fortune 1000 clients with agile talent solutions amid evolving workforce needs.
Resources Global Professionals (RGP) announced a cash dividend of $0.14 per share, payable on March 17, 2022, to shareholders of record on February 17, 2022. This decision reflects the company's commitment to returning value to its shareholders. RGP, operating under the parent company Resources Connection, Inc., focuses on delivering consulting solutions in transformation and compliance. With a workforce of approximately 5,000 professionals, RGP serves over 2,100 clients globally, including 85% of the Fortune 100.
Resources Connection, Inc. (RGP) announced its participation in Sidoti’s Virtual Investor Conference on January 19, 2022. CEO Kate Duchene, COO Timothy Brackney, and CFO Jennifer Ryu will present from 12:15 to 12:45 p.m. EST. The presentation can be viewed live via the Investor Relations section of RGP's website. RGP, recognized among Forbes' Best Management Consulting Firms for 2021, specializes in human capital solutions and serves over 2,100 clients globally, including more than 85% of the Fortune 100. For more information, visit www.rgp.com.
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