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Resources Connection: Fiscal Q1 Earnings Snapshot

Resources Connection: Fiscal Q1 Earnings Snapshot

By AP News
Published - Oct 01, 2024, 04:25 PM ET
Last Updated - Oct 01, 2024, 04:25 PM EDT

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Resources Connection Inc. (RGP) on Tuesday reported a loss of $5.7 million in its fiscal first quarter.

The Irvine, California-based company said it had a loss of 17 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were less than 1 cent on a per-share basis.

The consulting company posted revenue of $136.9 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $137.8 million.

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