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RGP consulting revenue falls 26% in fiscal first quarter

RGP said its consulting segment revenue dropped 26% to $32.4 million in the fiscal first quarter, as billable hours fell 27%.

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09:03:48 PM UTC
SquawkNews
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 averag…