Resources Connection posted a GAAP net loss of USD 40.6 million; revenue fell 18% to USD 452 million.
GAAP operating loss narrowed to USD 38.3 million from USD 196.8 million a year earlier, when results included a USD 194.4 million goodwill impairment.
Non-GAAP adjusted EBITDA dropped 78.49% to USD 5 million; adjusted EBITDA margin shrank to 1.1% from 4.3%.
Expenses and portfolio changes
SG&A was USD 202.8 million, or 44.9% of revenue, reflecting USD 12.2 million in executive transition costs and USD 7.1 million in Sitrick-related transaction costs.
The company completed the sale of crisis communications firm Sitrick on May 2, 2026 for a USD 1.9 million purchase price as part of a transformation to simplify the portfolio.
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