Resources Connection Q3 2021 Earnings Report
Key Takeaways
Resources Connection, Inc. reported a revenue increase of 2.2% sequentially to $156.6 million and an adjusted diluted earnings per common share of $0.14 for the third quarter of fiscal year 2021.
Revenue up 2.2% sequentially to $156.6 million compared to $153.2 million in the second quarter and as compared to $168.1 million in the prior year quarter
Same day constant currency revenue up 3.4% sequentially and off 10.4% from the prior year quarter
SG&A improved 4.5% to $52.8 million compared to $55.3 million in the prior year quarter
Adjusted diluted earnings per common share of $0.14 compared to $0.25 in the prior year quarter
Resources Connection
Resources Connection
Resources Connection Revenue by Geographic Location
Forward Guidance
RGP is rapidly strengthening its business reach especially in digital transformation, healthcare and financial advisory services, and is well-positioned to capture the multitude of opportunities as clients seek more cost flexibility in their human capital requirements and as talent demands more radical flexibility.
Positive Outlook
- Strengthening business reach in digital transformation
- Strengthening business reach in healthcare
- Strengthening business reach in financial advisory services
- Experiencing increased interest from both new and existing clients around implementing an agile workforce strategy
- Well-positioned to capture the multitude of opportunities as clients seek more cost flexibility in their human capital requirements and as talent demands more radical flexibility
Revenue & Expenses
Visualization of income flow from segment revenue to net income