India, April 9 -- Resources Connection, Inc. (RGP), a professional services firm, reported a narrower loss for the third quarter, supported mainly by the absence of prior year's goodwill impairment charge and lower operating expenses. Meanwhile, adjusted EBITDA slipped to loss due to weak revenues.
Separately, the company announced its agreement to sell Sitrick crisis communications business as part of the streamlining of its business portfolio.
On the Nasdaq, shares of RGP were gaining 4.26 percent after the bell, trading at $3.67, after closing Wednesday's regular trading 1.7 percent lower.
For the third quarter, net loss narrowed to $9.47 million or $0.28 per share from $44.05 million or $1.34 per share last year.
The prior year's re...