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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.

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Resources Connection, Inc. (Nasdaq: RGP) reported a 10.0% revenue increase to $172.3 million in Q4 FY2021, up from $156.6 million in Q3 and down 3.5% from $178.6 million year-over-year. Net income surged to $23.2 million ($0.70 per share), benefiting from a $12.8 million tax benefit. Full-year revenue totaled $629.5 million, down from $703.4 million last year. SG&A costs fell 18.1% to $50.8 million in Q4. The Adjusted EBITDA margin improved to 12.0%. Management noted strong pipeline growth driven by client demand for transformational projects.

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Resources Global Professionals (RGP) will announce its fourth-quarter fiscal 2021 results after market close on July 21, 2021. The announcement will be followed by a conference call at 5:00 p.m. ET. Participants can join via dial-in or a listen-only mode on the RGP website. RGP was recently recognized by Forbes as one of the Best Management Consulting Firms for 2021, underscoring its expertise in addressing critical business challenges and aligning resources effectively.

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Global consulting firm Resources Connection (Nasdaq: RGP) announced participation in Sidoti’s Virtual Investor Conference on June 23, 2021, at 3:15 p.m. EST. CEO Kate Duchene, President Timothy Brackney, and CFO Jennifer Ryu will present. A live webcast will be available on the Investor Relations section of RGP's website and will remain accessible for 90 days.

RGP, recognized among Forbes’ Best Management Consulting Firms for 2021, specializes in providing agile human capital solutions. With approximately 5,000 professionals, RGP serves over 2,400 clients globally, including 85% of the Fortune 100.

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Resources Global Professionals (RGP) announced a cash dividend of $0.14 per share, set to be paid on June 10, 2021, to shareholders on record as of May 13, 2021. As an established consulting firm, RGP focuses on delivering business outcomes through professional staffing and project execution in transactions, regulations, and transformations. Serving over 2,400 clients globally, RGP employs around 5,000 professionals and is a key partner for Fortune 100 companies, showcasing its robust position within the market.

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Resources Connection, Inc. (RGP) reported fiscal Q3 2021 results, showcasing a 2.2% sequential revenue increase to $156.6 million, but a 6.8% decline from the previous year. Net income fell to $0.7 million or $0.02 per diluted share, down from $6.9 million a year ago.

Adjusted EBITDA margin improved to 6.0%, up 200 basis points year-over-year. SG&A expenses decreased 11.9%, reflecting cost-cutting initiatives. Financial liquidity stood at $149.7 million. Management emphasized growth potential in digital transformation and healthcare amidst evolving workforce demands.

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Resources Global Professionals (RGP) will release its third-quarter fiscal 2021 results on April 7, 2021, after market close. A conference call will follow at 5:00 p.m. ET, which can be accessed by dialing 877-390-5534, with no password required. RGP, recently recognized by Forbes as one of the Best Management Consulting Firms for 2021, continues to position itself as a leader in human capital solutions, catering to over 2,400 global clients with approximately 5,000 professionals.

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Resources Connection, listed as RGP on Nasdaq, will participate in Sidoti’s Virtual Investor Conference on March 24, 2021. CEO Kate Duchene is set to present at 4:00 p.m. EDT, with a live webcast available through the company’s Investor Relations page for 90 days. Recently recognized as one of Forbes’ Best Management Consulting Firms for 2021, RGP specializes in transforming business outcomes and solving complex business challenges worldwide. Founded in 1996, RGP has served over 85% of Fortune 100 companies, leveraging a unique human capital approach.

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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.

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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.

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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.

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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

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RGP Stock Data

274.13M
32.66M
2.41%
89.81%
2.35%
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