Resources Connection Q3 Swings to Adjusted Loss, Revenue Declines

MT Newswires Live
03 Apr

Resources Connection (RGP) reported a fiscal Q3 adjusted loss of $0.08 per diluted share late Wednesday, compared with earnings of $0.17 a year earlier.

Two analysts polled by FactSet expected a loss of $0.12.

Revenue in the three months ended Feb. 22 fell to $129.4 million from $151.3 million a year earlier.

Two analysts surveyed by FactSet expected $130 million.

The company's shares dropped 4% in recent after-hours activity.

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