---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000514"
form_type: "8-K"
ticker: "RGP"
cik: "0001084765"
company_name: "RESOURCES CONNECTION, INC."
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:15:31.567754+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RGP Q3 FY2023 revenue $186.8M (-8.7% YoY); EPS $0.21 vs $0.58; gross margin 38.3%

## Summary
- Revenue of $186.8M exceeded outlook range; same-day constant currency revenue fell 4.1% excluding divested taskforce.
- Gross margin improved 80bps to 38.3% (10-year Q3 high) on 190bps pay/bill spread improvement.
- Net income $7.0M ($0.21 diluted EPS) vs $19.4M ($0.58) prior year; includes $3.0M Sitrick goodwill impairment.
- SG&A rose to 31.8% of revenue from 27.9% due to technology transformation costs and prior-year FX gain.
- Paid down $20M debt; cash dividends unchanged at $0.14/share; available liquidity $278.1M.

## SEC filing metadata
- accession: 0001157523-23-000514
- form_type: 8-K
- ticker: RGP
- cik: 0001084765
- company_name: RESOURCES CONNECTION, INC.
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084765/000115752323000514/0001157523-23-000514-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084765/000115752323000514/a53375140.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000514
- JSON: https://secwatch.observer/filing/0001157523-23-000514.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000514.txt

## Key facts
- Earnings Releases
  RESOURCES CONNECTION, INC. reported fiscal third quarter ended February 25, 2023 results: revenue $186.8 million, net income $7.0 million, EPS $0.21 per diluted share.
  - Period: fiscal third quarter ended February 25, 2023
  - Revenue: $186.8 million
  - Net income: $7.0 million
  - EPS: $0.21 per diluted share
  - Result: reported results
  source text: firm, today announced financial results for its fiscal third quarter ended February 25, 2023. Third Quarter Fiscal 2023 Highlights Compared to the Prior Year Quarter: Revenue of $186.8 million compared to $204.6 million, which included $6.7 million of revenue attributed to taskforce , which was divested at the beginning of fiscal 2023 Same-day constant currency
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084765/000115752323000514/0001157523-23-000514-index.htm

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