Resources Connection: Fiscal Q2 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Resources Connection Inc. (RGP) on Thursday reported a loss of $68.7 million in its fiscal second quarter.

The Irvine, California-based company said it had a loss of $2.08 per share. Earnings, adjusted for non-recurring costs and stock option expense, were 18 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The consulting company posted revenue of $145.6 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $137.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGP at https://www.zacks.com/ap/RGP

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Chris Stigall Show
    6:00AM - 9:00AM
     
    Equal parts hilarity and desk-pounding monologues with healthy doses of skepticism and sarcasm.
     
  • The Mike Gallagher Show
    9:00AM - 12:00PM
     
    Mike Gallagher is one of the most listened-to radio talk show hosts in America.   >>
     
  • The Charlie Kirk Show
    12:00PM - 2:00PM
     
    Charlie Kirk is the next big thing in conservative talk radio and he's now   >>
     
  • The Scott Jennings Show
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     
  • Best Stocks Now
    3:00PM - 4:00PM
     
    Bill Gunderson provides listeners with financial guidance that is both experienced and accomplished.
     

See the Full Program Guide