Earnings ·
Reports Q1 fiscal 2027 net loss of $8.0M on revenue decline to $98.1M
RGPResources Connection, Inc.
Resources Connection reported a net loss of $8.0 million, or $0.23 per diluted share, for the first quarter ended August 29, 2026, compared to a net loss of $2.4 million in the prior year period. Revenue fell 18.4% on a same-day constant currency basis to $98.1 million from $120.2 million, driven by lower project volume and utilization in Consulting and reduced demand for operational accounting roles in On-Demand Talent. Adjusted EBITDA turned negative at $(3.6) million versus $3.1 million previously, though SG&A expenses improved to $43.1 million from $47.9 million due to cost reductions. The company also paid a quarterly dividend of $0.07 per share on October 1, 2026. Resources Connection is a professional services firm providing on-demand talent, consulting, and managed services.