Resources Connection Inc. ( (RGP) ) has released its Q4 earnings. Here is a breakdown of the information Resources Connection Inc. presented to its investors.
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Resources Connection Inc., a professional services firm, specializes in providing flexible, high-impact solutions across Finance, HR, Operations, and Technology, serving over 1,600 clients worldwide, including 88% of the Fortune 100.
In its latest earnings report, Resources Connection Inc. revealed that its revenue and gross margin exceeded the high end of its outlook range for the fourth quarter and full fiscal year 2025, despite facing a challenging global marketplace.
The company’s fourth-quarter revenue stood at $139.3 million, a decrease from $148.2 million in the previous year, with a same-day constant currency revenue decline of 11.4%. The gross margin remained steady at 40.2%. However, the company reported a net loss of $73.3 million, primarily due to a $69.0 million non-cash goodwill impairment charge. For the full fiscal year, revenue was $551.3 million, down from $632.8 million, with a net loss of $191.8 million, including a $194.4 million goodwill impairment charge.
Despite the financial setbacks, the company maintained a strong gross margin and improved its average bill rates across multiple segments. Management emphasized a focus on cross-sell execution and cost efficiency, leveraging newly launched systems to drive long-term growth. The company remains committed to enhancing client relationships and pursuing higher quality sales opportunities globally.
Looking ahead, Resources Connection Inc. aims to continue its diversification strategy and brand positioning to unlock future growth and create value for clients and shareholders, while navigating the extended timeframes for closing new business deals.