Resources Connection Inc. Earnings Decline 21% In Q1

Resources Connection Inc. (RECN) revealed a profit for first quarter that fell from last year.

The company said its profit totaled $5.64 million, or $0.15 per share. This was lower than $7.13 million, or $0.19 per share, in last year's first quarter.

The company said revenue for the quarter fell 3.3% to $143.39 million. This was down from $148.34 million last year.

Resources Connection Inc. earnings at a glance:

-Earnings (Q1): $5.64 Mln. vs. $7.13 Mln. last year.
-Earnings Decline (Y-o-Y): -20.9%
-EPS (Q1): $0.15 vs. $0.19 last year.
-EPS Decline (Y-o-Y): -21.1%
-Revenue (Q1): $143.39 Mln vs. $148.34 Mln last year.
-Revenue Change (Y-o-Y): -3.3%

by RTTNews Staff Writer

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