Resources Connection Q4 2024 Earnings Report
Key Takeaways
Resources Connection, Inc. reported Q4 2024 financial results with revenue of $148.2 million and net income of $10.5 million. The company saw stabilization in the business, delivering results above outlook ranges. Continued cost discipline drove improved SG&A.
Revenue of $148.2 million compared to $184.4 million, a decline of 19.7%.
Gross margin remained strong at 40.2% compared to 41.1%.
Net income of $10.5 million (net income margin of 7.1%) compared to $11.8 million (net income margin of 6.4%).
Selling, general and administrative expenses (“SG&A”) of $46.4 million, net of $(4.4) million of non-cash contingent consideration adjustment, compared to $56.5 million, an improvement of 18.0%
Resources Connection
Resources Connection
Resources Connection Revenue by Geographic Location
Forward Guidance
Company is setting the foundation for competitive advantage and growth once broader macroeconomic conditions impacting the human capital sector improve.
Revenue & Expenses
Visualization of income flow from segment revenue to net income