Resources Connection, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended November 24, 2018
January 03, 2019 at 09:05 pm
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Resources Connection, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended November 24, 2018. For the quarter, the company reported revenue of $188,799,000 compared to $156,738,000 a year ago. Operating income was $16,313,000 compared to $10,652,000 a year ago. Income before provision for income taxes was $15,705,000 compared to $10,287,000 a year ago. Net income was $10,564,000 compared to $8,138,000 a year ago. Net income per basic share was $0.33 compared to $0.27 a year ago.
For the six months, the company reported revenue of $367,357,000 compared to $297,924,000 a year ago. Operating income was $26,074,000 compared to $15,995,000 a year ago. Income before provision for income taxes was $24,940,000 compared to $15,321,000 a year ago. Net income was $16,305,000 compared to $10,250,000 a year ago. Net income per basic share was $0.51 compared to $0.34 a year ago.
Resources Connection, Inc. is a global consulting company. The Company operates through two segments: Resources Global Professionals (RGP) and Sitrick. RGP segment is a global business consulting firm focused on project execution services that power clientsâ operational needs and change initiatives with experienced and diverse talent. Sitrick segment is a crisis communications and public relations firm, which operates under the Sitrick brand, providing corporate, financial, transactional and crisis communication and management services. The Company serves its clients in support of projects and initiatives in an array of functional areas, including transactions, which includes integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; regulations, which includes accounting regulations, internal audit and compliance, and other, and transformations, which include finance transformation and other.
RESOURCES CONNECTION, INC. 
