Resources Connection reports Q2 adjusted EPS 6c, two estimates 4c

Reports Q2 reveneue $117.7M, consensus $119.97M. “I want to thank our leadership and employees for welcoming me as RGP‘s newly appointed CEO and for supporting a smooth transition,” said Roger Carlile, Chief Executive Officer. “I also want to recognize our teams for maintaining a strong focus on our clients and the business during this period. While our balance sheet remains strong, our quarterly earnings results reflect a continued lack of positive momentum of our consolidated revenue and Adjusted EBITDA. These results underscore the need to take decisive actions to better align our cost structure with our current revenue levels, refocus our On-Demand offerings to address the evolving needs of our clients, and scale our Consulting business to deliver high-value solutions to both existing and new clients. This work will require time and disciplined execution, but the path forward is clear, and we are confident these actions will strengthen our business and create long-term value for our clients and shareholders.”