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Resources Connection Inc. Reports Third Quarter Results for Fiscal 2012

Resources Global Professionals News Release (03/28/12)

Resources Connection Inc.—through its operating subsidiary, Resources Global Professionals—has announced financial results for its fiscal third quarter ended Feb. 25, 2012. Total revenue for the third quarter of fiscal 2012 was $143.3 million, up 4.1% from last year’s third quarter revenue of $137.6 million and down 1.2% on a sequential quarter basis. Revenues in the U.S. were up 4.8% quarter-over-quarter and 1.7% sequentially.

The company’s net income for the third quarter ended Feb. 25, 2012, was $4.3 million, or $0.10 per diluted share. This compares with a net income for the third quarter ended Feb. 26, 2011, of $753,000, or $0.02 per diluted share.