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Resources Connection, Inc. (RGP) is a professional consulting firm that specializes in providing practical, high-quality advice and execution services to business leaders across various industries. Unlike traditional consultants who offer extensive reports with suggestions, RGP focuses on delivering sound, no-nonsense advice and meticulous implementation. This approach ensures that clients not only understand what needs to be done but also see it executed effectively.
Headquartered in Irvine, California, RGP operates primarily through its subsidiary, Resources Global Professionals. The company is divided into two main segments: RGP (Resources Global Professionals) and Other Segments. It offers a broad range of services including transformation and improvement, financial reporting and analysis, strategy development, and program and project management.
Core Business and Expertise
RGP's core expertise spans several critical business domains:
- Finance and Accounting: Offering financial reporting, analysis, and strategic financial planning.
- Human Capital: Providing HR solutions, talent management, and organizational development.
- Information Management: Helping clients with data governance, IT strategy, and cybersecurity.
- Legal and Compliance: Assisting with risk management, regulatory compliance, and legal advisory services.
- Supply Chain: Supporting logistics, procurement, and supply chain optimization.
Recent Achievements and Projects
RGP has recently achieved significant milestones in various sectors. The firm is actively involved in numerous high-impact projects aimed at driving change and implementing strategic initiatives for its clients. These projects range from financial transformation efforts to human capital optimization and IT strategy development.
Financial Condition and Partnerships
Financially, RGP is a robust entity with a strong market presence. The company has formed strategic partnerships with several top-tier organizations, enabling it to offer enhanced services and solutions. RGP's collaborative approach ensures that it remains at the forefront of industry developments, continually providing value to its clients.
Why Choose RGP?
RGP is known for its proven problem-solving capabilities and the ability to start adding value as soon as an engagement begins. The company's professionals come from diverse business backgrounds, bringing a wealth of knowledge and experience to the table. This diversity allows RGP to exceed client expectations consistently, building lasting relationships with some of the world's largest and most well-known businesses.
Conclusion
Choosing RGP means partnering with a firm that doesn't just advise but takes tangible steps to implement solutions. With a strong emphasis on practical consulting and a track record of successful engagements, RGP stands out as a leader in the consulting industry.
RGP (Nasdaq: RGP) has announced the formation of a new Digital Technology Practice in the Asia Pacific region, aimed at assisting clients with digital transformation strategies post-COVID. This initiative, launched in collaboration with ServiceNow, targets markets such as India, Singapore, and Malaysia.
The practice will focus on defining digital strategies, enhancing customer experiences, and modernizing workplace experiences, leveraging ServiceNow's capabilities. RGP plans to address operational efficiencies in sectors like financial services and life sciences, positioning itself for growth in one of the world's rapidly growing economies.
Resources Connection, Inc. (Nasdaq: RGP) announced the retirement of Susan J. Crawford from its Board of Directors, effective February 1, 2021. Crawford, a member for 11 years, contributed significant legal expertise. Lisa M. Pierozzi has been appointed to the Board, bringing extensive experience from her previous roles as Executive VP and CFO of the Motion Picture Association of America. Pierozzi is set to join the Audit Committee, enhancing the Board’s financial oversight capabilities.
Resources Global Professionals (RGP) has announced a cash dividend of $0.14 per share approved by its Board of Directors. This dividend is payable on March 18, 2021, to all shareholders of record on February 18, 2021. RGP operates as a global consulting firm, focusing on rapid business outcomes and connecting professionals to impactful opportunities. With around 3,300 professionals engaged with over 2,400 clients, RGP is committed to delivering transformative change through effective workforce strategies.
Resources Connection, Inc. (RGP) reported fiscal Q2 2021 revenues of $153.2 million, a 4.0% increase from Q1 but a 17.0% decline year-over-year. SG&A expenses rose to $54.6 million due to restructuring costs of $6.8 million. The company recorded a net loss of $1.0 million, translating to a diluted loss per share of $0.03. However, adjusted diluted earnings per share improved to $0.21. The company’s liquidity increased to $147.9 million. Management expressed optimism about future growth as economic conditions improve.
Resources Connection, a global consulting firm, announced its participation in Sidoti’s Virtual Investor Conference on January 13, 2021. CEO Kate Duchene will present at 4:00 p.m. EST, with a live webcast available for 90 days via the company's Investor Relations website.
Founded in 1996, RGP specializes in Business Strategy, Finance, Risk, and Technology solutions, engaging with over 2,400 clients globally. With 3,500 professionals, RGP's innovative human capital model positions it as a leader in transforming workforce strategies. The firm is listed on the Nasdaq Global Select Market.
Resources Global Professionals (Nasdaq: RGP) will report its second quarter results for fiscal 2021 on January 6, 2021, after market close. A conference call is scheduled for the same day at 5:00 p.m. ET. Interested parties can join the call by dialing 877-390-5534. The call will also be accessible online via the RGP website. RGP, founded in 1996, engages over 2,400 clients globally, leveraging a workforce of more than 3,500 professionals to provide consulting in transactions, regulations, and transformations.
Resources Connection (NASDAQ:RGP) will present at the virtual Fall Investor Summit from November 16-18, 2020. This event features 75 companies and over 300 institutional and retail investors, aiming to connect smallcap and microcap firms with qualified investors.
As a global consulting firm, RGP specializes in business strategy, finance, risk, and technology solutions, leveraging human connection for impactful results.
For more details, visit www.investorsummitgroup.com.
Resources Connection, Inc. (NASDAQ: RGP) announced participation in JP Morgan’s Ultimate Services Investor Conference on November 19, 2020. CEO Kate Duchene, COO Timothy Brackney, and CFO Jennifer Ryu will host investor meetings. RGP, founded in 1996, specializes in providing human capital solutions for pressing business challenges. With approximately 3,300 professionals, RGP serves over 2,400 clients globally, including 88 of the Fortune 100. The company emphasizes a transformative and agile approach to workforce strategy, headquartered in Irvine, California.
Resources Global Professionals (RGP), a subsidiary of Resources Connection, Inc., has announced a cash dividend of $0.14 per share. This dividend will be paid on December 17, 2020, to shareholders of record as of November 19, 2020. RGP focuses on delivering transformative change through professional staffing and project execution, partnering with over 2,400 clients globally. With about 3,300 professionals and operations in more than 60 locations, RGP continues to engage with Fortune 100 companies, providing agile human capital solutions.
Resources Connection, Inc. (Nasdaq: RGP) reported a 14.4% decline in revenue for its fiscal first quarter ending August 29, 2020, totaling $147.3 million. Gross profit decreased to $57.9 million, while net income dropped to $2.3 million.
Despite these challenges, the company improved its gross margin to 39.3% and achieved a positive cash flow of $18.6 million. SG&A expenses were reduced to $51.2 million, indicating cost containment efforts. A restructuring plan in Europe aims to enhance operational efficiency.
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