---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000004"
form_type: "8-K"
ticker: "RGP"
cik: "0001084765"
company_name: "RESOURCES CONNECTION, INC."
filed_at: "2024-01-03T23:59:59+00:00"
generated_at: "2026-06-07T04:29:30.693597+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RGP Q2 revenue falls 18.6% to $163.1M; EPS drops to $0.14 from $0.51

## Summary
- Revenue $163.1M (-18.6% YoY); same-day constant currency revenue down 19.2%.
- Net income $4.9M ($0.14 diluted EPS) vs $17.4M ($0.51) in prior year quarter.
- Gross margin 38.9% (down 220 bps) on higher pay/bill ratio and healthcare costs.
- Adjusted EBITDA $16.1M (9.8% margin) vs $29.6M (14.8%); dividend $0.14/share unchanged.
- Closed CloudGo acquisition Nov 15; not material. $2.3M severance from workforce reduction.

## SEC filing metadata
- accession: 0001157523-24-000004
- form_type: 8-K
- ticker: RGP
- cik: 0001084765
- company_name: RESOURCES CONNECTION, INC.
- filed_at: 2024-01-03T23:59:59+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/1084765/000115752324000004/0001157523-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084765/000115752324000004/a53876721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000004
- JSON: https://secwatch.observer/filing/0001157523-24-000004.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000004.txt

## Key facts
- Earnings Releases
  RESOURCES CONNECTION, INC. reported fiscal second quarter ended November 25, 2023 results: revenue $163.1 million, net income $4.9 million, EPS $0.14 per diluted share.
  - Period: fiscal second quarter ended November 25, 2023
  - Revenue: $163.1 million
  - Net income: $4.9 million
  - EPS: $0.14 per diluted share
  - Result: reported results
  source text: Second Quarter Fiscal 2024 Highlights Compared to the Prior Year Quarter: Revenue of $163.1 million compared to $200.4 million Same-day constant currency revenue, a non-GAAP measure, declined 19.2% Gross margin of 38.9% compared to 41.1% Net income of $4.9 million (net income margin of 3.0%), compared to $17.4 million (net income margin of 8.7%) Diluted earnings per common share of $0.14 compared to $0.51
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084765/000115752324000004/0001157523-24-000004-index.htm

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