---
schema_version: "secwatch.filing_event.v1"
accession: "0001084765-24-000046"
form_type: "8-K"
ticker: "RGP"
cik: "0001084765"
company_name: "RESOURCES CONNECTION, INC."
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T02:43:09.416815+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RGP Q3 revenue $151.3M (-19% YoY); net income $2.6M ($0.08 EPS); appoints Bhadresh Patel COO

## Summary
- Revenue $151.3M (-19% YoY); net income $2.6M ($0.08 EPS) vs $7.0M ($0.21).
- Same-day constant currency revenue -19.6%; gross margin 37.0% vs 38.3%.
- SG&A $49.6M (-16.5% YoY); Adj. EBITDA $10.8M (7.1% margin) vs $16.6M (8.9%).
- Cash dividend $0.14/share (unchanged); cash+revolver $287.4M.
- Bhadresh Patel appointed COO eff. Apr 7, 2024; $550K base salary, target bonus $550K for FY2025.

## SEC filing metadata
- accession: 0001084765-24-000046
- form_type: 8-K
- ticker: RGP
- cik: 0001084765
- company_name: RESOURCES CONNECTION, INC.
- filed_at: 2024-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084765/000108476524000046/0001084765-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084765/000108476524000046/rgp-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084765-24-000046
- JSON: https://secwatch.observer/filing/0001084765-24-000046.json
- Plain text: https://secwatch.observer/filing/0001084765-24-000046.txt

## Key facts
- Earnings Releases
  RESOURCES CONNECTION, INC. reported third quarter ended February 24, 2024 results: revenue $151.3 million, net income $2.6 million, EPS $0.08 per diluted share.
  - Period: third quarter ended February 24, 2024
  - Revenue: $151.3 million
  - Net income: $2.6 million
  - EPS: $0.08 per diluted share
  - Result: reported results
  source text: today announced financial results for its fiscal third quarter ended February 24, 2024. Third Quarter Fiscal 2024 Highlights Compared to the Prior Year Quarter: • Revenue of $151.3 million compared to $186.8 million • Same-day constant currency revenue, a non-GAAP measure, declined 19.6% • Gross margin of 37.0% compared to 38.3% • SG&A expenses of $49.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084765/000108476524000046/0001084765-24-000046-index.htm
- Executive change
  Bhadreskumar Patel was appointed as Chief Operating Officer at RESOURCES CONNECTION, INC..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On April 3, 2024, Resources Connection, Inc. (the “Company”) announced that Bhadreskumar Patel, age 49, has been appointed as the Chief Operating Officer of the Company, effective April 7, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084765/000108476524000046/0001084765-24-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.