Resources Connection reports Q4 adjusted EPS 16c vs. 28c last year

Reports Q4 revenue $139.3M vs. $148.2M last year. “I want to thank our team for delivering results that exceeded the high end of our outlook for revenue and gross margin in this ongoing challenging global marketplace,” said Kate W. Duchene, Chief Executive Officer. “We delivered sequential revenue growth and improved our average bill rates across multiple segments of the business. We continued our efforts to improve the business for the long-term by focusing on cross sell execution to deliver highly flexible and high impact solutions to our clients while continuing to improve cost efficiency by leveraging our newly launched systems. Our teams remain dedicated to focusing on higher quality and larger sales opportunities as we continue to drive pipeline growth around the globe. Given the extended time to close new business, we are ensuring our client relationships remain close and trusted. Our client retention rates continue to be steady and strong. With our refreshed brand positioning and ongoing diversification strategy, we remain committed to unlocking future growth while continuing to create value for current clients and our shareholders.”