How did RGP's revenue and expenses trend in Q2 2025?

Resources Connection Inc. (RGP) experienced a revenue trend that was largely in line with expectations in Q2 2025, with a slight variance in expenses.

1. **Revenue Analysis**:
- RGP's revenue for Q2 2025 was $129.4 million.
- This figure was slightly above the predicted revenue of $129.42 million.
- The company's revenue declined by 14% from Q3 2024, which may indicate a challenging economic environment impacting revenue growth.
2. **Expense Analysis**:
- The company's expenses are not detailed in the provided reports for Q2 2025.
- However, RGP reported a non-cash goodwill impairment charge of $42 million.
- The impairment charge suggests that while revenue was stable, there were significant non-cash expenses impacting the bottom line.
3. **Net Income Impact**:
- Despite the revenue being in line with expectations, RGP reported a smaller-than-expected loss in EPS of -$0.08, which beat the forecast of -$0.11.
- The company's stock experienced a decline of 4.22% in aftermarket trading following the earnings announcement, which may reflect investor concerns about the company's profitability despite the revenue alignment with expectations.
4. **Strategic Insights**:
- RGP has been improving its enterprise-wide average bill rate and expanding its consulting segment, which has contributed to a moderated year-over-year revenue decline.
- The company's focus on cost efficiency and operational improvements, such as lowering its cost structure and optimizing headcount, may have mitigated the impact of revenue declines on profitability.

In conclusion, RGP showed resilience in revenue alignment with expectations despite challenging economic conditions. However, the impact of non-cash expenses, particularly the goodwill impairment charge, significantly affected the company's net income.