The 18.4% revenue decline and swing to negative adjusted EBITDA confirm the demand headwinds flagged in prior quarters. Watch for any guidance or restructuring updates in the next 10-Q; the company's cost-reduction efforts are not keeping pace with the revenue decline.
Price Chart
Executive Summary
RGP reported Q1 FY2027 revenue of $98.1M (down 18.4% YoY on a same-day constant currency basis) and a GAAP net loss of $8.0M ($0.23 loss per share), significantly worse than the prior year's $2.4M loss. The company cited lower project volume, delayed client decisions, and ongoing caution, though adjusted SGA expenses improved. The EPS of -$0.23 was worse than the -$0.20 consensus, but the adjusted diluted loss per share of -$0.16 beat the -$0.20 consensus on a non-GAAP basis.
Key Financial Metrics
Key Facts
- Revenue fell 18.4% YoY to $98.1M from $120.2M
- Net loss widened to $8.0M (8.1% margin) from $2.4M (2.0% margin) YoY
- Diluted GAAP loss per share was $0.23 vs $0.07 loss in prior year
- Adjusted EBITDA turned negative at -$3.6M vs +$3.1M YoY
- Consulting segment revenue declined 25.8% YoY; On-Demand Talent fell 13.2%
- Cash used in operations was $18.9M vs $7.8M in prior year quarter
- Quarterly dividend maintained at $0.07 per share
Financial Impact
Revenue decline of $22.1M (18.4%) YoY; net loss worsened by $5.6M
Risk Factors
- Continued client caution delaying project starts and reducing consulting utilization
- Further revenue erosion if macroeconomic conditions deteriorate
- Cash burn from operations may pressure dividend sustainability
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001084765-26-000078 |
| Document: 0001084765-26-000078-index.html | 0001084765-26-000078 |
| Document: 0001084765-26-000078.txt | 0001084765-26-000078 |
| 8-K Data (Synthetic) | 0001084765-26-000078 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $2.63 | awaiting T+1 | — | $2.63 (+0.00%) |
Oct 7, 2026 20d ago | 8-K | $2.99 $2.83 | ▲ +5.35% | ▲ +5.95% | $2.63 (+12.04%) |
Sep 10, 2026 6w ago | DEFA14A | $3.97 $4.23 | ▲ +6.55% | ▲ +7.00% | $2.63 (−33.75%) |
Sep 3, 2026 7w ago | 8-K | $4.04 $4.03 | ▲ +0.12% | ▼ −0.43% | $2.63 (+34.82%) |
Aug 11, 2026 11w ago | 8-K | $4.17 $4.22 | ▲ +1.20% | ▲ +0.50% | $2.63 (−36.93%) |
Jun 12, 2026 19w ago | Institutional Cluster | $4.65 $4.36 | ▼ −6.24% | ▼ −8.00% | $2.63 (−43.44%) |
May 5, 2026 25w ago | 8-K | $4.34 $4.34 | · 0.00% | ▲ +0.33% | $2.63 (−39.40%) |
Apr 8, 2026 28w ago | 8-K | $3.47 $3.62 | ▼ −4.32% | ▼ −4.38% | $2.63 (+24.21%) |
Mar 4, 2026 33w ago | 8-K | $3.70 $3.61 | ▼ −2.43% | ▼ −1.12% | $2.63 (−28.92%) |
US Market Status
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