Update: Resources Connection Fiscal Q1 Swings to Loss, Revenue Falls; Shares Slide Pre-Bell
MT newswire2026/10/08 08:1204:12 AM EDT, 10/08/2026 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Resources Connection (RGP) shares slumped 12% in Thursday's premarket activity after the company reported a fiscal Q1 adjusted loss and a decline in sales. The company reported late Wednesday a fiscal Q1 adjusted loss of $0.16 per diluted share, swinging from earnings of $0.03 a year earlier. Analysts polled by FactSet expected a loss of $0.17. Revenue for the quarter ended Aug. 29 was $98.1 million, down from $120.2 million a year earlier. Analysts expected $100 million. Shares were down over 10% in after-hours trading.
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