Resources Connection, Inc. (RGP) Q3 2026 Earnings Call Transcript
Resources Connection (RGP) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.08 per share a year ago.
Resources Connection, Inc. maintains a Hold rating amid revenue pressure, aggressive cost-cutting, and a strong cash position with zero debt. Q2 results disappointed on profitability, with a $12.7 million GAAP loss driven by CEO transition and headcount reduction costs, despite revenues meeting guidance. Shares trade near intrinsic value, under two times cash and below book value, with a calculated no-growth valuation of $4.46 per share.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 60 | $303.16 | $278.7 | -$24.46 | -8.07% |
Charles Brandes Brandes Investment Partners | 1.81M | $11M | $8.38M | -$2.62M | -23.82% |
Joseph Castro Nuveen LLC | 89,416 | $583,255.14 | $412,654.84 | -$170,600.3 | -29.25% |
Bobby Adusumilli SJS Investment Consulting Inc. | 18 | $67.14 | $82.62 | $15.48 | 23.06% |
Ashish Sharma DGS Capital Management LLC | 11,847 | $44,189.31 | $54,380.1 | $10,190.79 | 23.06% |
| Professional Services Industry | Industrials Sector | Roger Dale Carlile CEO | NASDAQ (NGS) Exchange | 76122Q105 CUSIP |
| US Country | 3,055 Employees | 21 May 2026 Last Dividend | 2 Mar 2005 Last Split | 31 Jan 2006 IPO Date |
Resources Connection, Inc., operating under the Resources Global Professionals brand, is a distinguished consulting firm offering its expertise to business clients across North America, Europe, and the Asia Pacific. Founded in 1996 and initially known as RC Transaction Corp., the company underwent a name change in August 2000 to Resources Connection, Inc. With its headquarters in Irvine, California, Resources Connection, Inc. has carved a niche in providing comprehensive consulting services tailored to meet the intricate needs of businesses in various sectors. The firm specializes in handling complex projects involving transactions, regulatory compliance, and transformations, thus empowering businesses to navigate through their challenges effectively.
Resources Connection, Inc. offers a wide range of consulting services categorized into Transactions, Regulations, and Transformations, to ensure businesses are well-equipped to tackle their operational, regulatory, and strategic challenges: