Resources Connection, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended November 26, 2022
January 04, 2023 at 09:05 pm
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Resources Connection, Inc. reported earnings results for the second quarter and six months ended November 26, 2022. For the second quarter, the company reported sales was USD 200.36 million compared to USD 200.24 million a year ago. Net income was USD 17.43 million compared to USD 14.31 million a year ago. Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.51 compared to USD 0.42 a year ago.
For the six months, sales was USD 404.42 million compared to USD 383.38 million a year ago. Net income was USD 35.57 million compared to USD 27.23 million a year ago. Basic earnings per share from continuing operations was USD 1.07 compared to USD 0.82 a year ago. Diluted earnings per share from continuing operations was USD 1.04 compared to USD 0.81 a year ago.
Resources Connection, Inc. is a global consulting firm. The Companyâs segments include Resources Global Professionals (RGP), and Other Segments. The RGP is a global consulting firm focused on project execution services that power clientsâ operational needs and change initiatives utilizing on-demand, experienced and diverse talent. The RGP also offers advisory offerings in the financial services sector across four areas: strategy and management, risk and regulatory compliance, digital and technology and data and analytics. The Other Segments include Sitrick, which is a crisis communications and public relations firm which operates under the Sitrick brand, providing corporate, financial, transactional and crisis communication and management services. It specializes in co-delivery of enterprise initiatives typically precipitated by business transformation, strategic transactions or regulatory change. The Companyâs principal markets of operations are North America, Europe and Asia Pacific.