24/7 Market News Snapshot 08 October, 2025 – Resources Connection (NASDAQ:RGP)
DENVER, Colo., 08 October, 2025 (www.247marketnews.com) – (NASDAQ:RGP) are discussed in this article.
The stock of Resources Connection, Inc. (RGP) opened at $4.86 today, showing notable bullish momentum with a substantial increase of 16.27%, and is currently trading at $5.639. This resurgence reflects strong market sentiment, as evidenced by a trading volume of 754.10K that indicates heightened investor interest and activity. The pronounced price movement may signal a potential breakout pattern, which could invite further buying pressure. Investors are encouraged to monitor significant resistance levels above $5.64 for possible consolidation, while support at $5.00 may serve as a safety net for long positions. Overall, RGP’s technical indicators are trending favorably in the near term.
In addition to its stock performance, Resources Connection has released its financial results for the first quarter of fiscal 2026, ending on August 30, 2025. The company reported revenues of $120.2 million, a decrease from $136.9 million the previous year, largely due to reduced demand for consulting and on-demand services. Nevertheless, RGP enhanced its gross margin from 36.5% to 39.5% through improved consultant utilization and cost management strategies. Selling, general, and administrative expenses decreased slightly to $47.9 million from $48.9 million a year earlier, underscoring ongoing operational streamlining.
The net loss improved to $2.4 million, translating to a net loss margin of 2.0%, an enhancement from $5.7 million (4.2% margin) year-over-year. Adjusted EBITDA also saw an increase to $3.1 million, with an adjusted EBITDA margin of 2.5%, up from 1.7% last year. Reflecting a positive trajectory, adjusted diluted earnings per share reached $0.03, a notable improvement from earlier break-even results. CEO Kate W. Duchene highlighted the firm’s strategic focus on higher-value consulting engagements, particularly in CFO Advisory and Digital Transformation, in response to market dynamics. In a show of commitment to shareholder value, the company declared a cash dividend of $0.07 per share, reinforcing its optimistic outlook amidst fluctuating economic conditions.
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