Quarterly ResultJul 22, 2026, 05:21 PM
RGP Q4 Revenue $106.1M, Net Loss Improves to $16.1M
AI Summary
Resources Connection, Inc. (RGP) announced its financial results for the fourth quarter and full fiscal year ended May 30, 2026. For Q4 2026, revenue decreased to $106.1 million from $139.3 million year-over-year, but net loss significantly improved to $16.1 million from $73.3 million. For the full fiscal year 2026, revenue was $452.0 million, down from $551.3 million, while net loss improved to $40.6 million from $191.8 million. The company also disclosed it was not in compliance with its previous credit facility covenants, leading to its termination and the establishment of a new $30.0 million credit facility.
Key Highlights
- Fourth quarter fiscal 2026 revenue was $106.1 million, down from $139.3 million in prior year.
- Fourth quarter fiscal 2026 net loss improved to $16.1 million, from $73.3 million in prior year.
- Full fiscal year 2026 revenue was $452.0 million, down from $551.3 million in prior year.
- Full fiscal year 2026 net loss improved to $40.6 million, from $191.8 million in prior year.
- Q4 GAAP diluted loss per common share improved to $0.47, from $2.23 in prior year.
- Company terminated old credit facility and entered a new $30.0 million credit facility.
- On-Demand Talent segment Q4 revenue decreased 23.7% to $40.4 million.
- Consulting segment Q4 revenue decreased 28.1% to $36.6 million.
Price Impact
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