secwatch.observer — SEC 8-K summary
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Issuer:     RESOURCES CONNECTION, INC. (RGP)
CIK:        0001084765
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001084765-24-000138
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RGP posts Q1 net loss of $5.7M; revenue falls 19.5% to $136.9M
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- Revenue $136.9M, down 19.5% YoY; net loss of $5.7M vs net income of $3.1M.
- Diluted EPS -$0.17 vs $0.09; Adjusted EBITDA margin 1.7% vs 6.8%.
- Goodwill impairment charge of $3.9M related to Europe/Asia Pacific segment.
- On-Demand Talent revenue -32.7%, Consulting -3.2%, Outsourced Services flat.
- Cash dividend unchanged at $0.14/share; zero debt, $263.2M liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084765/000108476524000138/0001084765-24-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084765/000108476524000138/rgp-20241001.htm
  HTML page:      https://secwatch.observer/filing/0001084765-24-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer