Resources Connection Stock Price, News & Analysis

Resources Connection, Inc. (RGP) (Nasdaq: RGP) is a global professional services and consulting firm that helps organizations navigate change and execute complex business initiatives. The company describes itself as an award-winning professional services firm with three decades of experience supporting the world’s top organizations. RGP trades on the Nasdaq Global Select Market, which is identified as the exchange’s highest tier by listing standards, and is based in Dallas, Texas with offices worldwide.

RGP focuses on providing flexible expertise to senior leaders, particularly CFOs and other C‑suite executives. According to its public disclosures, the firm’s offerings unite strategy, execution and talent across areas such as accounting and finance, digital transformation, data and cloud. RGP emphasizes a people-first, "Human First" culture and notes that its approach continues to drive innovation across industries.

Business model and core offerings

RGP describes its business around three integrated offerings that work together to support clients’ most pressing challenges:

• On-Demand Talent – This segment provides flexible, on-demand professionals to address clients’ operational needs and change initiatives. It builds on the company’s heritage of matching experienced talent to specific project and interim needs.
• Consulting – RGP’s consulting business delivers project-based and transformation-focused services. Company communications highlight consulting capabilities in areas such as CFO advisory, finance and accounting, governance, risk and compliance, tax and treasury, and broader digital and technology transformation.
• Outsourced Services – This segment delivers recurring, outsourced support where RGP’s teams manage defined processes or functions for clients. The company reports that Outsourced Services is one of its operating segments alongside On-Demand Talent, Consulting, Europe & Asia Pacific and All Other.

In its segment reporting, RGP also identifies Europe & Asia Pacific as a geographic segment and an All Other segment. The company’s financial disclosures show that it generates revenue across these segments, with On-Demand Talent and Consulting representing significant portions of consolidated revenue.

Industry position and client base

RGP operates in the professional services and consulting space, with a focus on human capital, transformation, and finance-related services. The company states that it annually engages with over 1,500–1,600 clients worldwide from approximately 40–41 physical practice offices and multiple virtual offices. As of dates referenced in its news releases, RGP reports that it has served a high percentage of Fortune 100 companies and has been recognized by third-party publications such as U.S. News & World Report and Forbes in categories related to best companies to work for, best management consulting firms, and best midsize employers.

RGP highlights that it has three decades of experience working with large, complex organizations and that it has partnered with CFOs and their organizations for more than 30 years to strengthen finance, accounting, risk, compliance and tax capabilities. The firm positions its offerings as flexible and tailored to client needs, allowing organizations to address transformations such as cost reduction, system migration, data modernization and automation-focused programs.

Geographic footprint and scale

According to multiple company press releases, RGP is based in Dallas, Texas and maintains offices worldwide. It notes that it operates from dozens of physical practice offices and virtual offices and serves clients across North America, Europe and the Asia Pacific region. The company’s segment disclosures identify Europe & Asia Pacific as a distinct reporting segment, and management commentary references project extensions and key accounts in Europe as well as activity in Asia Pacific markets such as China.

RGP’s financial reporting and narrative describe it as engaging with clients around the world and delivering services at global scale. While specific revenue figures change over time, the company’s disclosures show that it generates revenue across multiple geographies and segments, including On-Demand Talent, Consulting, Europe & Asia Pacific, Outsourced Services and All Other.

Strategic focus and transformation

In its communications to investors and stockholders, RGP emphasizes an ongoing transformation strategy. The company highlights efforts to become a more integrated, diversified and resilient firm by:

• Deepening and expanding consulting capabilities in CFO Advisory and Digital Transformation.
• Evolving its on-demand business to remain relevant as clients adopt technologies such as artificial intelligence and automation.
• Implementing value-based pricing initiatives to reflect higher-value, larger and more complex work in its Consulting and international segments.
• Restructuring and redesigning its cost structure to align with revenue levels and support improved profitability.
• Investing in technology transformation, including completion of an Enterprise Resource Planning (ERP) implementation in North America and broader digital expansion.

The company’s proxy materials and management commentary describe a focus on cross-selling across diversified solution offerings and nurturing a "one RGP" culture. RGP also notes that it has introduced a new brand identity and architecture to showcase its evolution as a firm.

Technology and AI-related initiatives

RGP has disclosed specific technology initiatives that complement its consulting and on-demand services. For example, the company announced the launch of rIQ, a proprietary AI accelerator built on the ServiceNow platform. According to the company, rIQ is an intelligent framework designed to power generative AI with the data and logic needed to deliver faster, more accurate service solutions. It is described as blending AI with human expertise to help organizations reduce costs, cut inefficiencies, accelerate decisions and resolve issues faster.

The rIQ platform is built to complement ServiceNow’s generative AI capabilities and is designed to integrate with existing large language models while maintaining enterprise security and compliance through ServiceNow’s GenAI controller. RGP states that rIQ offers a flexible architecture with pre-built connectors for numerous enterprise systems, low-code workflow design and customizable controls that can adapt to sector-specific needs.

RGP also notes that its ServiceNow practice has been recognized at ServiceNow events and competitions, and that the firm has extensive experience in the ServiceNow ecosystem across workflows and business functions such as HR, IT, customer service and finance.

Corporate governance and leadership

RGP is a Delaware corporation with its common stock listed on the Nasdaq Global Select Market. The company’s SEC filings and proxy materials describe an active board of directors and ongoing board refreshment efforts, including the addition of directors with strategic and global leadership experience and the retirement of long-serving directors at the end of their terms.

In an 8-K filing and related press release, the company reported a leadership transition in which a new President and Chief Executive Officer was appointed and the prior CEO transitioned to an executive advisor role for a defined period, followed by a consulting arrangement. The filings describe associated employment and transition agreements, severance benefits and equity award vesting terms, as well as the new CEO’s background in professional services and consulting.

The company’s proxy statement highlights its focus on corporate social responsibility, belonging and diversity, and describes RGP as a "Human First" company that prioritizes creating a workplace where people feel valued and supported. It also references governance practices, compensation structures and the role of board committees such as the Compensation Committee and Audit Committee.

Financial reporting and segments

RGP provides regular financial updates through earnings press releases and SEC filings. These disclosures include revenue, gross margin, selling, general and administrative expenses, net income or loss, and non-GAAP measures such as Adjusted EBITDA and same-day constant currency revenue. The company reports results by operating segment, including:

• On-Demand Talent – Focused on flexible, interim and project-based talent.
• Consulting – Focused on higher-value consulting engagements, including CFO advisory and digital transformation.
• Europe & Asia Pacific – A geographic segment reflecting activity in those regions.
• Outsourced Services – Providing ongoing outsourced support.
• All Other – Capturing additional activities not included in the primary segments.

Management commentary in recent earnings releases discusses trends such as changes in billable hours, average bill rates, geographic mix, and demand patterns in areas like traditional finance roles, transformation projects and regional markets. The company also discloses dividend decisions approved by its board and notes that it has maintained a credit facility to support working capital, acquisitions and other corporate purposes.

Legacy description and subsidiary segments

In addition to its current segment structure, a prior business description notes that Resources Connection, Inc. has operated through segments that included RGP (Resources Global Professionals) and Sitrick. The RGP segment was described as focusing on consulting services for clients’ operational needs and change initiatives using a combination of bench and on-demand talent. The Sitrick segment was described as providing corporate, financial, transactional and crisis communication and management services. That description also indicated that a majority of revenue was generated from the RGP segment and that key revenue was derived from North America, with additional revenue from Europe and the Asia Pacific region.

FAQs about Resources Connection (RGP)

• What does Resources Connection (RGP) do?
  

  Resources Connection, Inc. (RGP) is a global professional services and consulting firm. It provides on-demand talent, consulting and outsourced services that help CFOs and other C-suite leaders address accounting and finance needs, digital transformation, data and cloud initiatives, and other complex business challenges.

• How does RGP generate revenue?
  

  RGP generates revenue by delivering professional services across its operating segments, including On-Demand Talent, Consulting, Europe & Asia Pacific, Outsourced Services and All Other. Revenue is earned from client engagements that range from interim and project-based talent to consulting projects and outsourced service arrangements.

• What are RGP’s main business segments?
  

  RGP reports several segments: On-Demand Talent, Consulting, Europe & Asia Pacific, Outsourced Services and All Other. Earlier descriptions also referenced RGP (Resources Global Professionals) and Sitrick segments, with Sitrick providing corporate, financial, transactional and crisis communication and management services.

• Who are RGP’s typical clients?
  

  RGP states that it annually engages with more than 1,500–1,600 clients worldwide and that it has served a large share of Fortune 100 companies. Its services are aimed at CFOs and other C-suite leaders at large organizations seeking support with finance, transformation, technology and related initiatives.

• Where is RGP headquartered?
  

  RGP is based in Dallas, Texas. The company also maintains offices worldwide, including numerous physical practice offices and virtual offices that support its global client base.

• On which exchange is RGP stock listed?
  

  RGP’s common stock is listed on the Nasdaq Global Select Market under the ticker symbol RGP. The company notes that this is the highest tier of the Nasdaq market by listing standards.

• What is RGP’s approach to technology and AI?
  

  RGP has disclosed technology initiatives such as rIQ, a proprietary AI accelerator built on ServiceNow. The platform is designed to combine generative AI with structured data and workflows to improve service delivery, reduce inefficiencies and support digital and automation-focused programs for clients.

• How does RGP describe its culture and social commitment?
  

  In its proxy materials, RGP describes itself as a "Human First" company that prioritizes belonging and corporate responsibility. It emphasizes creating a workplace where people feel valued and supported and highlights diversity in skills and backgrounds as a source of strength.

• Has RGP undergone recent strategic changes?
  

  RGP’s disclosures describe an ongoing transformation strategy that includes expanding consulting expertise, focusing on CFO advisory and digital transformation, redesigning its cost structure, implementing new technology systems and evolving its on-demand business to align with changing client needs.

• Is RGP an active dividend payer?
  

  RGP’s board has approved recurring cash dividends per share, as disclosed in recent earnings releases and 8-K filings. The company notes that the board assesses and approves future dividends on a quarterly basis.