01.10.2013 22:10:14
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Resources Connection Q1 Profit Shrinks - Quick Facts
(RTTNews) - Resources Connection, Inc. (RECN) Tuesday reported first-quarter profit of $3.7 million or $0.09 per share, down from $4.8 million or $0.12 per share in the comparable quarter last year.
On average, four analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues dropped 3.8 percent to $131.7 million from $136.9 million last year. Analysts expected revenues of $133.43 million. On a constant currency basis, revenues were down 3.7 percent.
Revenue in the U.S. decreased 2.5 percent, while international revenues were down 8.1 percent from last year.
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