Resources Connection, Inc. Reports Earnings Results for the Second Quarter Ended November 28, 2020
January 07, 2021 at 02:32 am IST
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Resources Connection, Inc. announced earnings results for the second quarter ended November 28, 2020. For the second quarter, the company announced sales was USD 153.222 million compared to USD 184.507 million a year ago. Operating income was USD 1.249 million compared to USD 17.688 million a year ago. Net loss was USD 992,000 compared to net income of USD 12.337 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.39 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.38 a year ago. For the half year, sales was USD 300.567 million compared to USD 356.732 million a year ago. Operating income was USD 5.453 million compared to USD 25.750 million a year ago. Net income was USD 1.292 million compared to USD 17.276 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.54 a year ago.
Resources Connection, Inc. is a global consulting company. The Company operates through two segments: Resources Global Professionals (RGP) and Sitrick. RGP segment is a global business consulting firm focused on project execution services that power clientsâ operational needs and change initiatives with experienced and diverse talent. Sitrick segment is a crisis communications and public relations firm, which operates under the Sitrick brand, providing corporate, financial, transactional and crisis communication and management services. The Company serves its clients in support of projects and initiatives in an array of functional areas, including transactions, which includes integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; regulations, which includes accounting regulations, internal audit and compliance, and other, and transformations, which include finance transformation and other.
RESOURCES CONNECTION, INC. 
