earnings
confidence high
sentiment neutral
materiality 0.80
RGP reports Q3 fiscal 2026 revenue of $107.9M, net loss of $9.5M; divests Sitrick crisis communications business
RESOURCES CONNECTION, INC.
2026-Q3 EPS reported
-$0.74
revenue$345,891,000
- Revenue fell 16.6% to $107.9M from $129.4M in Q3 fiscal 2025; billable hours declined 16.3%.
- Net loss improved to $9.5M (8.8% margin) from $44.1M (34.0% margin) in prior-year quarter.
- Adjusted EBITDA was negative $(1.4)M vs positive $1.7M a year ago; adjusted SG&A fell to $39.4M.
- Agreed to sell Sitrick for estimated $1.4M–$2.3M in client receivables, plus $4M cash severance to CEO Michael Sitrick.
- Sale expected to close within 45 days as part of portfolio streamlining to focus on core segments.