Seeking Alpha

adspatz's  Instablog

adspatz
Send Message
Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
My company:
SEC Live
  • Resources Connection Results Beat Analyst Estimates 0 comments
    Jan 3, 2014 10:43 AM | about stocks: RECN

    Originally published at www.seclive.com

    Resources Connection Inc. (NASDAQ:RECN) beat analyst predictions in its most recent financial results for its second quarter of 2014. The professional services company reported earnings of $7.1M and $0.18 per share, up from $5.9M and $0.14 per share in the year-ago quarter. Revenue improved 3.4% from $141.2M a year ago to $146.0M this quarter. Both revenue and earnings per share beat analyst predictions of $139.5M and $0.15 per share respectively. President and CEO Tony Cherbak remarked that the company is pleased with its results in its key financial metrics of revenue, gross margin, and earnings. During the second quarter, Resources Connection paid a total $12.8M to its shareholders through dividends and share repurchases.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: RECN
Back To adspatz's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.