The Irvine, California-based consulting firm said Thursday in a press release that net income for the three months ended November 24 advanced to
Shares climbed $2.37, or 17%, to $15.97 in Friday’s Nasdaq trading.
Gross margin of almost 39% improved from 37.9% over improvement in the pay-rate-to-bill-rate ratio and lower costs in the company’s self-insured medical program.
“We are extremely pleased by the momentum in our business now,” CEO Kate Duchene said in a statement.
The company announced the planned retirement of chief accounting officer
Resources Connection was spun off from Deloitte & Touche in a 1999 management buyout and went public the next year.
Contact Dennis Fitzgerald at [email protected]