On-Demand Talent Pricing Discipline Buffers RGP Top-Line Drop

Dow Jones
Oct 08

RGP's on-demand talent segment saw revenue fall 13% to $38.6 million in fiscal first quarter, but pricing discipline helped limit the damage. Billable hours dropped 16% as demand for operational accounting roles declined from a year ago, though the company says it's seeing stabilization. The average bill rate rose 4% as RGP maintained its pricing standards rather than competing on discounts. The segment's resilience contrasts with the steeper declines in consulting, where project-based work is more exposed to client budget freezes.

 

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10