RGP Provides Q2 Revenue Guidance as It Focuses on Utilization and Cost Alignment
Resources Connection Inc., trading under the ticker RGP, has provided revenue guidance for its second quarter of fiscal year 2027. The company expects to generate between $95 million and $100 million in Q2 revenue while focusing on improving utilization rates and aligning costs. In a recent earnings call, President and CEO Roger Carlile noted that the firm's first-quarter results were within expected ranges for both revenue and gross margin. He also highlighted better-than-expected SG&A expenses at their current run rate. The company is working to maintain this performance while addressing operational efficiencies in its business model. The guidance reflects RGP’s ongoing efforts to stabilize financial metrics amid evolving market conditions, which could influence investor sentiment toward the stock.
Tickers: $RGP
Topics: gross margin revenue SG&A expenses