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0 0 0.00701754385964922 0.00842105263157902 0.0140350877192983 0.0162105263157895 0.0210526315789474 0.0301754385964913
Stock impact report

Resources Connection slips 17% post Q1 mixed results [Seeking Alpha]

RESOURCES CONNECTION (RECN) 
Last resources connection earnings: 1/2 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.rgp.com
Company Research Source: Seeking Alpha
Resources Connection slips 17% post Q1 mixed results Resources Connection ( RECN -17.1% Revenue by geography: North America $140.37M (-3.9% Y/Y); Asia Pacific $13.09M (+11.8% Y/Y); and Europe $18.76M (-9.3% Y/Y). Q1 Gross margin expanded by 103 bps Q1 Operating margin declined by 80 bp Adj. EBITDA was $11.91M (-10.1% Y/Y) and margin declined by 50 bps SG&A expenses were $56.97M (+1.1% Y/Y); and as percentage of revenues 33.1% up by 152 bps, reflecting higher payroll and benefits costs. Cash flow from operating activities was negative $3.04M, compared to negative $16.6M a year ago. Show less Read more
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