Resources Connection, Inc. (NASDAQ:RECN) reports 1Q19 Profit Surge

Resources Connection, Inc. (NASDAQ:RECN) headquartered in Irvine, California, announced net income for the first quarter of $ 5.74 million or $ 0.18 per share, compared to income $ 2.11 million or $ 0.07 per share for the year-ago quarter.

Analysts from Thomson Reuters expected income of $ 0.11 per share.

Top line figures for the first quarter rose 26% to $ 178.56 million from $ 141.19 million in the same quarter last year, where as analysts anticipated $ 173.60 million.

Kate Duchene, President and Chief executive officer, commented, These quarterly results reflect where we are headed: driving strategic revenue growth and managing costs across our platform to improve the bottom line. We are very pleased by the growth we delivered this quarter in North America, Europe and Asia Pac, as well as the mix of business we are building.

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