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Resources Connection - RGP STOCK NEWS

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) 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.

Rhea-AI Summary
Resources Connection, Inc. (RGP) appoints Bhadresh Patel as Chief Operating Officer, showcasing his experience in driving digital transformation and growth. Mr. Patel will oversee global operations and strategic vision, focusing on core consulting capabilities and on-demand talent business.
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Resources Connection, Inc. (RGP) acquires Reference Point , a consulting firm specializing in the financial services sector. The transaction aims to enhance RGP's consulting capabilities and expand its high-value advisory services for financial clients.
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Resources Connection, Inc. (RGP) will announce Q3 fiscal 2024 results on April 3, 2024, followed by a conference call. A live webcast and replay will be available on the company's website.
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Resources Connection, Inc. (RGP) disclosed that its CEO and CFO will engage in a fireside chat at the Sidoti Virtual Investor Conference. The event will occur on March 14, 2024, with a live webcast accessible through the Company's website. Additionally, management will conduct virtual meetings during the day.
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RGP (Nasdaq: RGP) released research on workforce investment decisions for U.S. businesses in 2024. Over 80% plan to increase workforce development investment. Skills gaps in AI, automation, project management, data management, and soft skills are prevalent. Financial decision-makers prioritize upskilling, outside talent, and AI impact on workforce development. Lower interest rates could boost investments in workforce strategy.
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Resources Connection, Inc. (RGP) has declared a cash dividend of $0.14 per share, payable on March 14, 2024, to stockholders of record on February 15, 2024.
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Resources Connection, Inc. (Nasdaq: RGP) announced financial results for Q2 fiscal 2024, reporting a decline in revenue to $163.1 million from $200.4 million in the prior year quarter. Net income was $4.9 million, down from $17.4 million. Diluted earnings per share decreased to $0.14 from $0.51. Adjusted EBITDA was $16.1 million, down from $29.6 million. The company is cautiously optimistic about revenue growth in 2024 despite challenging macroeconomic conditions.
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Resources Connection, Inc. (Nasdaq: RGP) will announce its second quarter fiscal 2024 results on January 3, 2024, followed by a conference call. A live webcast and replay will be available on the company's website.
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Resources Connection, Inc. (Nasdaq: RGP) announced that CEO Kate Duchene and CFO Jenn Ryu will participate in a fireside chat at the Sidoti Virtual Investor Conference on December 6, 2023. The webcast will be available live through the Investor Relations section of the Company’s website. Management will also host virtual one-on-one and small group meetings throughout the day.
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Resources Connection, Inc. (Nasdaq: RGP) closed a transaction to acquire 100% of the equity of CloudGo Pte Ltd., a digital transformation firm and Elite ServiceNow Partner in the APAC region. This acquisition aims to accelerate RGP's digital presence and expand its capabilities. CloudGo's strategic position will play a key role in RGP's growth plans for its digital consulting business.
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FAQ

What is the current stock price of Resources Connection (RGP)?

The current stock price of Resources Connection (RGP) is $8.18 as of December 20, 2024.

What is the market cap of Resources Connection (RGP)?

The market cap of Resources Connection (RGP) is approximately 274.1M.

What does Resources Connection, Inc. do?

Resources Connection, Inc. (RGP) provides consulting and business initiative support services, focusing on practical advice and quality execution across various business domains.

What are the main segments of RGP?

RGP operates through two main segments: Resources Global Professionals (RGP) and Other Segments.

Which industries does RGP serve?

RGP serves industries including accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications, information management, human capital, supply chain management, and legal and regulatory sectors.

What services does RGP offer?

RGP offers services in transformation and improvement, financial reporting and analysis, strategy development, and program and project management.

Where is RGP headquartered?

RGP is headquartered in Irvine, California.

How does RGP differentiate itself from traditional consultants?

RGP focuses on practical, high-quality advice and meticulous execution, ensuring clients not only know what needs to be done but also see it effectively implemented.

Who are the professionals at RGP?

RGP's professionals come from diverse backgrounds in finance, human capital, information management, legal, risk and compliance, and supply chain, bringing a wealth of knowledge and experience.

What is RGP’s approach to client engagement?

RGP partners with business leaders to solve problems, implement initiatives, drive change, and transfer knowledge, adding value as soon as the engagement begins.

What recent achievements has RGP made?

RGP has achieved significant milestones in various sectors, including financial transformation, human capital optimization, and IT strategy development.

Why should businesses choose RGP?

Businesses should choose RGP for its practical consulting approach, proven problem-solving capabilities, and a track record of successful client engagements.

Resources Connection

Nasdaq:RGP

RGP Rankings

RGP Stock Data

274.13M
32.66M
2.41%
89.81%
2.35%
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