Buy gold, crypto and China, tread carefully on rich U.S. tech: BofA’s Hartnett
Kate Duchene, President and CEO of Resources Connection, Inc. (NASDAQ:RGP), recently acquired 20,000 shares of the company’s common stock. The purchase was made on April 4, 2025, at a weighted average price of $5.14 per share, amounting to a total transaction value of $102,800. The shares were bought in multiple transactions, with prices ranging from $5.10 to $5.15 per share. Following this acquisition, Duchene holds a total of 571,450.7285 shares in the company.
In other recent news, Resources Connection Inc. reported its second-quarter 2025 earnings, which exceeded analysts’ expectations. The company posted an earnings per share (EPS) of -$0.08, surpassing the forecasted -$0.11, while revenue was $129.4 million, slightly above the predicted $129.42 million. Despite these positive earnings results, the company disclosed a substantial non-cash goodwill impairment charge of $42 million. Resources Connection maintains a robust cash position with $73 million and no outstanding debt. The company anticipates fourth-quarter revenue to be between $132 million and $137 million, with a gross margin expected between 36% and 37%. Analysts from firms like Baird and NOBLE Capital have noted the company’s strategic flexibility and focus on cost efficiency. Resources Connection continues to face challenges from macroeconomic uncertainties and geopolitical tensions that impact the consulting market. The company remains committed to nurturing key relationships and improving operational efficiency through technology-driven improvements.
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