RGP Consulting Segment Pressured by Longer Client Decision Cycles
Dow Jones
Oct 08
RGP's consulting segment took the biggest hit in the fiscal first quarter, with revenue falling 26% to $32.4 million as billable hours dropped 27%. CEO Roger Carlile attributed the decline to clients remaining cautious about committing to new projects, leading to longer decision cycles and delayed project starts. RGP says it's investing in consulting leadership and business development talent to strengthen go-to-market execution as client demand evolves.
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