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RGP-News
RGP-Events
Sees Q1 Gross Margin at 37%-38%
Sees Q1 gross margin 37%-38%.
Company Reallocates Capital to Targeted Investments
Says reallocating capital to targeted investments. Says balance sheet remains strong. Comments taken from Q4 earnings conference call.
Q4 Revenue at $106.1M, Below Consensus
Reports Q4 revenue $106.1M, consensus $106.8M. "Consistent with the prior quarter, fourth quarter results were aligned with our outlook for revenue, gross margin, and run rate SG&A expense," said Roger Carlile, Chief Executive Officer. "Market conditions also remain broadly consistent to the third quarter with our North America and Asia markets performing as expected while Europe exhibited some weakness. As a result, our priorities continue to be refocusing our On-Demand Talent segment offerings, scaling our Consulting segment, pursuing AI as both a client-service and an internal opportunity, streamlining how we operate and aligning our cost structure with our revenue levels. In the fourth quarter, we made additional focused investments to support these priorities, and we continue to expect these and prior quarter investments to drive revenue growth as they mature through an anticipated ramp-up period."
RGP Appoints Amadally Hosseinbukus as Managing Director of Data and AI Practice
RGP announced the appointment of Amadally Hosseinbukus as Managing Director of its Data, Analytics & AI Practice. In his new role, Hosseinbukus will lead RGP's AI strategy, data and analytics modernization, intelligent automation, and governance capabilities - helping clients accelerate adoption while managing risk. Most recently, Hosseinbukus served as Managing Director and Global Head of Innovation and AI Delivery for Wells Fargo's Corporate and Investment Bank, leading the firm's enterprise AI delivery strategy across Markets, Lending, and Investment Banking.
RGP Appoints Rebecca Cottrell as Chief Legal Officer
RGP announced the promotion of Rebecca Cottrell to Chief Legal Officer. Cottrell will continue to lead the company's legal and corporate governance functions in an expanded role. As CLO, Cottrell will help drive alignment across governance, talent, and business priorities as RGP continues to execute its strategy and support clients navigating transformation.
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