--- title: "Resources Connection 3Q 2026: Revenue $107.93M, EPS $-0.28 — 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/282173708.md" description: "Resources Connection, Inc. reported Q3 2026 results with revenue of $107.93M, a 16.6% decline year-over-year, and a reduced net loss of $9.47M compared to $44.05M in the prior year. The diluted EPS improved to $-0.28 from $-1.34. The decline in revenue was attributed to a 16% drop in billable hours and a 30% decrease in consulting revenues. The company is implementing a 2026 Transformation Initiative aimed at achieving $12–14M in annual SG&A savings while investing in consulting leadership and AI capabilities." datetime: "2026-04-09T10:11:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282173708.md) - [en](https://longbridge.com/en/news/282173708.md) - [zh-HK](https://longbridge.com/zh-HK/news/282173708.md) --- # Resources Connection 3Q 2026: Revenue $107.93M, EPS $-0.28 — 10-Q Summary Resources Connection, Inc. reported third-quarter 2026 results showing revenue of $107.93M, a year-over-year decline, and a reduced net loss versus the prior-year quarter as the company pursues cost and restructuring actions under a broader transformation plan. **Financial Highlights** Metric Current quarter Prior year quarter YoY change Revenue1 $107.93M $129.44M \-16.6% Net income2 $-9.47M $-44.05M +78.5% Diluted EPS3 $-0.28 $-1.34 +79.1% 1 Reported as “Revenue”. 2 Reported as “Net loss”. 3 Reported as “loss per common share”. **Business Highlights** - Revenue declined roughly 16% YoY in Q3, driven primarily by a ~16% drop in billable hours; average bill rates varied by region. - Consulting demand weakened sharply, with consulting revenues down about 30% in the quarter and longer sales cycles noted; On‑Demand Talent softened while U.S. bill rates increased. - Company continued integrating Reference Point into Consulting and expanded Countsy outsourced offerings to broaden services and cross‑sell opportunities. - Launched a 2026 Transformation Initiative including reductions in force and office exits targeting $12–14M of annual SG&A run‑rate savings to improve efficiency. - Investments planned in consulting leadership, M&A, data/AI capabilities and reskilling to develop bench strength and delivery capability. Original SEC Filing: RESOURCES CONNECTION, INC. \[ RGP \] - 10-Q - Apr. 08, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [RGP.US](https://longbridge.com/en/quote/RGP.US.md) ## Related News & Research - [Jim Cramer Says Nvidia Should Stay Inside China’s AI Boom, Not Walk Away](https://longbridge.com/en/news/286804523.md) - [How network intelligence can help businesses anticipate risks, ensure uptime, and deliver on AI](https://longbridge.com/en/news/286815400.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Gartner Forecasts Worldwide AI Spending to Grow 47% in 2026](https://longbridge.com/en/news/286872044.md) - [Federal Signal posts May 2026 investor presentation, raises 2026 outlook and margin targets](https://longbridge.com/en/news/287104853.md)