earnings
confidence high
sentiment negative
materiality 0.75
RGP reports Q2 FY2025 net loss of $68.7M on $145.6M revenue; goodwill impairment of $79.5M
RESOURCES CONNECTION, INC.
2025-Q2 EPS
reported -$2.24
vs consensus -$0.01
▼ miss
(-22078.2%)
- Revenue $145.6M, down 10.7% YoY; net loss $68.7M vs net income $4.9M in prior year.
- Non-cash goodwill impairment of $79.5M (On-Demand Talent $57.8M, Europe/Asia Pacific $21.7M).
- Adjusted diluted EPS $0.18 vs $0.28 prior year; Adjusted EBITDA $9.7M (6.6% margin).
- Consulting segment revenue grew 2.7% to $60.6M; On-Demand Talent declined 24.7%.
- Cash dividend maintained at $0.14/share; additional share repurchase authorized.