earnings
confidence high
sentiment negative
materiality 0.72
RGP Q1 FY2027 revenue falls 18% to $98.1M; net loss widens to $8.0M on Consulting weakness
RESOURCES CONNECTION, INC.
2027-Q1 EPS reported
-$0.23
revenue$98,087,000
- Revenue of $98.1M vs $120.2M a year ago, down 18.4% on a same-day constant-currency basis; gross margin 37.4% vs 39.5%.
- Net loss of $8.0M ($0.23 diluted loss per share) vs a $2.4M loss ($0.07); adjusted EBITDA negative $3.6M vs positive $3.1M.
- Consulting revenue fell 25.8% to $32.4M on 27.1% fewer billable hours; On-Demand Talent down 13.2% to $38.6M; Europe & Asia Pacific down 13.9% to $17.1M.
- SG&A improved to $43.1M from $47.9M and adjusted SG&A to $40.3M from $44.5M; cash of $61.2M against $18.9M used in operations vs $7.8M a year ago.
- Quarterly dividend of $0.07 per share ($2.4M total) paid October 1, 2026 to holders of record September 3; CEO Roger Carlile cites lower project volume and cautious client spending.