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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 Global Professionals (RGP) has announced a cash dividend of $0.14 per share, to be paid on June 8, 2022, for shareholders recorded as of May 11, 2022. This decision reflects the company's ongoing commitment to shareholder returns. RGP specializes in consulting services focused on transformation, compliance, and human capital strategy, engaging with over 2,500 clients globally. With approximately 5,000 professionals across multiple offices, RGP has a proven track record, having served over 88% of the Fortune 100.
RGP (Nasdaq: RGP) plans to expand its digital staffing platform, HUGO, into Texas and California in FY23 after a successful pilot in the New York Tristate Region. According to a report by Staffing Industry Analysts, HUGO is recognized as a 'first mover' in finance and accounting staffing. CEO Kate Duchene highlighted the platform's ability to meet project-based needs amid a changing workforce. HUGO provides traditional employment benefits while maintaining gig economy flexibility. The platform aims for a Q1 FY23 launch in California and Q2 FY23 in Texas.
Resources Connection, Inc. (Nasdaq: RGP) reported record revenue of $204.6 million for the third quarter of fiscal 2022, a 30.6% increase year-over-year. Net income surged to $19.4 million with a 9.5% net margin, up from $0.7 million in the prior year. The company improved its gross margin to 37.5% and adjusted EBITDA more than doubled to $22.5 million, resulting in an 11.0% margin. SG&A expenses decreased as a percentage of revenue to 27.9%.
RGP attributes its success to enhanced operational execution, larger deal sizes, and demand for digital transformation services.
Resources Connection, Inc. (RGP) will host an Investor Day on April 12, 2022, from 9 a.m. to 11:30 a.m. ET at Nasdaq MarketSite, NYC. Management will ring the closing bell, and the event will be webcast live. RGP plans to release its Q3 fiscal 2022 results on April 6, 2022, after market close, followed by a conference call at 5:00 p.m. ET. RGP has been recognized in Forbes' Best Management Consulting Firms for 2022, showcasing its innovative human capital solutions aimed at addressing global business challenges.
RGP (Nasdaq: RGP) has been recognized for its leadership and performance in the staffing industry, with CEO Kate Duchene named in the Staffing Industry Analysts' Staffing 100 North America list for 2022. Additionally, RGP ranked #9 among the largest Finance/Accounting staffing firms in the U.S. The company reported its highest revenues in a decade during Q1 and Q2 FY22, driven by increased demand for project-based work and operational improvements. RGP continues to support Fortune 1000 clients with agile talent solutions amid evolving workforce needs.
Resources Global Professionals (RGP) announced a cash dividend of $0.14 per share, payable on March 17, 2022, to shareholders of record on February 17, 2022. This decision reflects the company's commitment to returning value to its shareholders. RGP, operating under the parent company Resources Connection, Inc., focuses on delivering consulting solutions in transformation and compliance. With a workforce of approximately 5,000 professionals, RGP serves over 2,100 clients globally, including 85% of the Fortune 100.
Resources Connection, Inc. (RGP) announced its participation in Sidoti’s Virtual Investor Conference on January 19, 2022. CEO Kate Duchene, COO Timothy Brackney, and CFO Jennifer Ryu will present from 12:15 to 12:45 p.m. EST. The presentation can be viewed live via the Investor Relations section of RGP's website. RGP, recognized among Forbes' Best Management Consulting Firms for 2021, specializes in human capital solutions and serves over 2,100 clients globally, including more than 85% of the Fortune 100. For more information, visit www.rgp.com.
Resources Connection, Inc. (RGP) reported its strongest quarterly revenue in a decade, with Q2 FY2022 revenue of $200.2 million, a 30.7% increase year-over-year. The company achieved a gross margin of 39.3%, up from 38.0% in the prior year. Net income reached $14.3 million compared to a net loss of $1.0 million in the same quarter last year. Adjusted EBITDA doubled to $24.9 million, reflecting a margin of 12.5%. SG&A expenses decreased to 28.4% of revenue, a significant improvement. RGP also declared a cash dividend of $0.14 per share.
Resources Global Professionals (RGP) will report its second-quarter fiscal 2022 results after market close on January 5, 2022. A subsequent conference call is scheduled for 5:00 p.m. ET on the same day, accessible via phone at 877-390-5534 or through the RGP website. RGP, recognized among Forbes’ Best Management Consulting Firms for 2021, focuses on providing human capital for business solutions across various sectors. The company serves over 2,100 clients globally, utilizing a unique workforce strategy.
Resources Connection, Inc. (RGP) announced participation in the Truist Industrials & Services Summit on December 7, 2021, where CEO Kate Duchene, COO Timothy Brackney, and CFO Jennifer Ryu will host investor meetings. RGP is a global consulting firm based in Irvine, CA, focused on matching talent to tackle transformational initiatives, engaging over 2,100 clients internationally.
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