[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-571077-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-571077-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","rgp-annual-report-2024","RGP Annual Report 2024","","RGP’s fiscal 2024 review describes a difficult macro environment that slowed new engagement closures despite strong relationship-driven extensions. The report highlights disciplined cost restructuring, sustained free cash flow, and a debt-free balance sheet, enabling shareholder returns through dividends and repurchases. It also covers organizational evolution and technology transformation, major acquisitions expanding consulting capabilities, and an operating model aligned to client service needs. Looking ahead, it emphasizes ERP cloud migration, AI preparation, and digital workflow optimization.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/general/","General",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/rgp-annual-report-2024/571077/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/rgp-annual-report-2024/571077.png","ImageObject",442,249,{"name":42,"@type":43},"I feel Different","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-16","2026-10-13",true,{"@type":52,"interactionType":53,"userInteractionCount":22},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What challenges affected RGP’s fiscal 2024 performance?","Question",{"text":62,"@type":63},"The report cites a sluggish macroeconomic environment that made it harder to close new engagements quickly, leading to results that did not meet expectations despite strong client retention.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"How did RGP manage finances and return value to shareholders?",{"text":67,"@type":63},"RGP streamlined its cost structure to reduce expenses, maintained healthy free cash flow, ended the fiscal year with no outstanding debt, and returned cash through dividends and share repurchases.",{"name":69,"@type":60,"acceptedAnswer":70},"Which initiatives and acquisitions were highlighted to expand capabilities?",{"text":71,"@type":63},"RGP focused on internal technology transformation, advanced consulting expertise through two strategic acquisitions—CloudGo and Reference Point—and adjusted its operating model around client service offerings.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},571077,1792164801,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,113,118,123],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":4,"slug":125},158,"general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":124,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":22,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":135,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":141},962093541761,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","| Dear\u003Cbr>Stockholders,\u003Cbr>Our fiscal 2024 year was an evolutionary one for RGP. While we started the year with measured confidence having\u003Cbr>delivered strong profitability in the prior year, the sluggish macroeconomic environment weighed heavily on the marketplace, challenging our ability to close new engagements quickly. And despite the fact that our strong existing relationships led to robust engagement extensionsand client retention, our revenue and profitability results did not meet our expectations this year. Nonetheless, weare laser-focused on changing that trajectory in the current fiscal year and beyond and have focused on evolving strategic areas of our business as well as taking decisive action on factors within our control.\u003Cbr>Given those market challenges, we made substantive changes that have better positioned us to capitalize on the growth opportunities we see on the horizon. We streamlined our cost structure, leading to a meaningful reduction in our expenses. We consistently delivered healthy free cash flow, and our balance sheet remains pristine with no outstanding debt at the end of our fiscal year. This financial discipline allowed us to return cash to shareholders through dividends and share repurchases, reinforcing our commitment to delivering long-term value creation for our shareholders.\u003Cbr>We also continued to evolve our organization and expand our capabilities. Our internal technology transformation remains on track, and we implemented key components of this multiyear project to improve our operating efficiency and employee experience. Growing our consulting expertise remains a priority and we significantly advanced that effort by executing two highly strategic acquisitions in the year: CloudGo, a digital transformation firm and elite ServiceNow partner, and Reference Point, an advisory firm serving the financial services sector, which closed shortly after the end of fiscal 2024. We also continued to adjust our operating model to more clearly organize around the service offerings and expertise our clients are seeking, wherever they are in their growth and transformation journey.\u003Cbr>| Evolving landscape with promising opportunities\u003Cbr>The current outlook on the global economy presents a mix of cautious optimism and challenge. As inflation ebbs, the higher-for-longer interest rate environment may finally be shifting. Meanwhile, global talent shortages and geopolitical conflict continue unabated. While the impact of these challenges on organizations varies industry to industry, all must find a path forward to advance their growth objectives.\u003Cbr>In RGP’s latest Pulse Survey, we found that 31% of organizations are using more consulting talent to transform their finance functions. When asked earlier this year which areas they’d prioritize for increased investment, 50% identified Business Process Optimization and 40% pointed to Enterprise Resource Planning (ERP) initiatives. We also found that these c-suite leaders are embracing the power of hybrid talent – exactly what RGP is best positioned to deliver. In fact, the most successful companies at transformation execution are creating effective ecosystems with a nearly 50-50 split of full-time employees and outside talent. Further, when asked which areas they would prioritize for increased spend if such capital were to be unlocked, 58% identified digital transformation/AI.\u003Cbr>We remain focused on the areas where clients are investing to improve their operating performance and drive transformation. Our current pipeline is rich with opportunities to help companies across sectors implement and unlock the value of technology. Specifically, we see increasing opportunity around ERP cloud migration, preparation for AI adoption, and digital workflow implementations and optimizations – all areas where we believe RGP’s consulting expertise stands out from the competition.\u003Cbr>Propelling RGP’s Growth\u003Cbr>Throughout the year, we made significant progress on our key enterpris","cbCaibwQ7LwDomiC","https://ap.wps.com/l/cbCaibwQ7LwDomiC","pdf",702155,75,"English","# Letter to Stockholders\n# Evolving Landscape with Promising Opportunities\n# Propelling RGP’s Growth\n# Talent and Contract Management Systems\n# Operating Model and Business Segments\n## On-Demand","[{\"question\":\"What challenges affected RGP’s fiscal 2024 performance?\",\"answer\":\"The report cites a sluggish macroeconomic environment that made it harder to close new engagements quickly, leading to results that did not meet expectations despite strong client retention.\"},{\"question\":\"How did RGP manage finances and return value to shareholders?\",\"answer\":\"RGP streamlined its cost structure to reduce expenses, maintained healthy free cash flow, ended the fiscal year with no outstanding debt, and returned cash through dividends and share repurchases.\"},{\"question\":\"Which initiatives and acquisitions were highlighted to expand capabilities?\",\"answer\":\"RGP focused on internal technology transformation, advanced consulting expertise through two strategic acquisitions—CloudGo and Reference Point—and adjusted its operating model around client service offerings.\"}]","RGP Annual Report 2024 | PDF",1791885997,26]