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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.
Resources Connection, Inc. (Nasdaq: RGP) reported strong fiscal second quarter results for 2023, with revenue of $200.4 million, up slightly year-over-year. The net income increased to $17.4 million (8.7% margin), compared to $14.3 million (7.1% margin) in the prior year. Gross margin improved to 41.1%, up from 39.3%, while diluted earnings per share rose to $0.51 from $0.42. Cash dividends declared were $0.14 per share. Management indicated a healthy pipeline and cautious optimism despite macroeconomic challenges.
Resources Connection, Inc. (Nasdaq: RGP) will announce its fiscal 2023 second quarter results on January 4, 2023, after market close. A conference call will be held at 5:00 p.m. ET on the same day, with a live webcast available on the Company’s investor relations page. RGP, recognized as one of Forbes’ Best Management Consulting Firms for 2022, specializes in project execution services and has served over 87% of the Fortune 100. With 4,200 professionals, RGP is well-positioned to meet the growing demand for agile workforce solutions amid transformation pressures in the market.
Resources Connection, Inc. (Nasdaq: RGP) announced participation in Sidoti’s Virtual Investor Conference on December 7, 2022. CEO Kate Duchene and CFO Jennifer Ryu will present from 4:00-4:30 p.m. ET. The presentation will be available live and via replay on the Company’s website. RGP specializes in providing professional talent and solutions for business transformation, compliance, and change management, supporting over 2,500 global clients, including 87% of the Fortune 100, with a workforce of approximately 5,000 professionals.
Resources Connection, Inc. (RGP) has declared a cash dividend of $0.14 per share, set to be paid on December 15, 2022. This dividend will be issued to all stockholders of record on November 17, 2022. RGP, a global consulting firm, specializes in project execution services, leveraging diverse talent to meet operational demands and change initiatives. The firm serves over 2,200 clients globally and is based in Irvine, California, listed on the Nasdaq Global Select Market.
Resources Connection, Inc. (NASDAQ: RGP) is enhancing its digital transformation through RGPedia, a new platform developed in partnership with Veracity Consulting Group and Akumina. RGPedia connects internal teams, consultants, and clients, enabling content updates and improving workflow efficiency. Notable features include COVID-19 communication capabilities and client-branded areas. RGP emphasizes that this initiative is just the beginning of their ongoing digital evolution, focused on empowering users and increasing operational capacity.
Resources Connection, Inc. (RGP) reported strong financial results for its fiscal first quarter ending August 27, 2022. Revenue rose 11.4% year-over-year to $204.1 million, with same-day constant currency revenue up 17.0%. Gross profit increased by 16.8% to $83.5 million, and net income reached $18.1 million, representing a margin of 8.9%. Diluted earnings per share climbed to $0.53. Adjusted EBITDA margin also improved, reaching a record 15.0%. The firm continues to benefit from a shift towards agile work amid a tight labor market, with broad-based growth across various sectors.
Resources Connection, Inc. (RGP) is set to release its fiscal 2023 first-quarter results on October 5, 2022. The results will be made public after market close, followed by a conference call at 5:00 p.m. ET on the same day. Investors can access the call via phone or a live webcast on the Company's website. RGP continues to be recognized as a leader in the consulting industry, recently named among Forbes' Best Management Consulting Firms for 2022. The Company operates with approximately 4,300 professionals globally and serves over 88% of the Fortune 100.
Resources Connection, Inc. (RGP) announced its participation in Sidoti’s Virtual Investor Conference on September 22, 2022. Key executives, including Kate Duchene, Timothy Brackney, and Jennifer Ryu, will present from 1:45 – 2:15 p.m. ET. The presentation will be available live on the Company’s Investor Relations website and through Sidoti’s platform. RGP focuses on delivering project execution services worldwide, serving over 2,200 clients across various sectors and employing up to 5,000 professionals. The company is headquartered in Irvine, California.
RGP has declared a cash dividend of
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.
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