RGP - Why Consulting Firm Resources Connection Shares Are Sliding Today? | Benzinga
Resources Connection Inc (NASDAQ: RGP) shares are trading lower by around 8% after the company reported Q1 FY24 results.
The company reported revenue of $170.2 million, marginally beating the consensus of $170.14 million. The company posted $204.1 million revenue in the prior year period.
Same-day constant currency revenue fell 17.0%, reflecting the impact of a continued challenging macroeconomic environment.
The gross margin of 39.4% came below 40.9% a year ...