Good afternoon, and welcome to RGP's first quarter fiscal 2027 conference call. Currently, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at that time. As a reminder, this conference call is being recorded. At this time, I would like to remind everyone that management will be commenting on results for the first quarter ended August 29, 2026. They will also refer to certain non-GAAP financial measures. An explanation and reconciliation of these measures to the most comparable GAAP financial measures are included in the press release issued today. Today's press release can be viewed in the investor relations section of RGP's website and filed today with the SEC. Also, during this call, management may make forward-looking statements regarding plans, initiatives, and strategies and the anticipated financial performance of the company. Such statements are predictions, and actual events or results may differ materially. Please see the Risk Factors section in RGP's report on Form 10-K for the year ended May 30th, 2026, for a discussion of risks, uncertainties, and other factors that may cause the company's business, results of operations, and financial condition to differ materially from what is expressed or implied by forward-looking statements made during this call. I will now turn the call over to RGP CEO, Roger Carlile. Thank you, operator, and welcome everyone to RGP's first quarter fiscal 2027 earnings call. Before commenting on our Q1 results, I want to acknowledge Jen Ryu's service as RGP's CFO for the last six and a half years. Jen stepped into the CFO role in February 2020, a moment when almost nothing about the world or our business was predictable. She has led our finance organization through one of the most consequential stretches in RGP's history. A global pandemic, the reshaping of how and where professional work gets done, and significant changes across our markets. Through all of this, Jen has provided the disciplined capital stewardship that kept us on solid footing throughout. We wish Jen well in her future endeavors. To ensure continuity, as announced in early September, Jessica Block has stepped in as Interim Chief Financial Officer. Many of you know Jessica, who joined us in March as our Chief AI Officer. She has more than 20 years of experience leading professional services organizations through growth and transformation, including a year as Interim CFO at Factor Law. In addition to the strategic and operational skills Jessica brings to her role as Interim CFO, she is now afforded the direct ability to observe and assess how AI can be used in our accounting, finance, and reporting processes to further improve efficiency and costs. As part of this transition, and also announced last month, we have promoted Trisha Jenks to the role of Chief Accounting Officer. Trisha joined RGP in 2019 and most recently served as our Senior Vice President and Corporate Controller. Prior to that, she served as our Senior Vice President of Global Revenue Accounting. I look forward to working with Jessica and Tricia in these important roles for RGP. Turning to our first quarter results, our revenue and gross margin were within the outlook ranges we provided in July, while our run rate SG&A expense was better than our outlook. That said, our revenue and profitability remained below our long run potential. Revenue for the quarter was $98.1 million. Gross margin was 37.4%, and adjusted SG&A expense was $40.3 million. The largest source of revenue pressure continued to be lower project volume and resulting utilization in our Consulting segment. The On-Demand Talent segment also experienced lower volume, while Outsourced Services remained stable. This reflects two realities. First, client decision-making remains cautious, particularly for larger discretionary projects. Sales cycles remain longer, project start dates continue to move, and contracting and onboarding requirements are taking more time in several parts of the business. Second, we have work to do within RGP. We need to generate more opportunities, convert more of those opportunities into wins, mobilize projects more quickly, improve Consulting segment utilization, and execute with greater consistency across our markets and capabilities. We are not satisfied with the current financial performance, and we are addressing these issues with urgency and accountability. At the same time, we are seeing several indicators that reinforce our confidence in the long-term demand for our business model and in the actions that we are taking. These include the benefit from disciplined pricing and On-Demand Talent, opportunities in our pipeline, strong performance across our largest client relationships, stability in our Outsourced Services segment, and traction in several of our Consulting segment capabilities. Next, I'd like to address three areas: the demand environment, a review by segment of the progress we're making, and an update on our strategic priorities. Beginning with the market, conditions remain mixed. We continue to see demand for specialized expertise and execution support across finance, risk, technology, data, AI, and business transformation. Clients are dealing with significant change, including cost pressure, enterprise technology modernization, regulatory demands, operating model transformation, M&A transactions, and the adoption of AI. Those needs align well with RGP's capabilities. However, the existence of client need does not always translate immediately into project starts. Many organizations continue to apply significant scrutiny to discretionary spending, extend approval cycles, divide larger programs into smaller phases, or delay commitments until they have greater budget visibility. The result is a demand environment in which client discussions and pipeline activity can be healthy while revenue conversion remains slower and less predictable. This quarter illustrated that distinction. Across North America, our pipeline creation increased sequentially, including growth in Consulting segment pipeline. However, closed- won dollars stagnated, and project starts did not occur at a sufficient pace to drive sequential revenue growth, considering successful project completions and normal summer seasonality. One of the more encouraging indicators continues to be the performance of our strategic client accounts portfolio. Our largest strategic relationships collectively performed better than we anticipated during the first quarter and grew sequentially. Several of these relationships expanded across new buying centers, geographies, and service offerings. This supports what we discussed last quarter following our Voice of the Customer survey. Clients value RGP for the quality of our people, our flexibility, our speed, and our ability to connect expertise with execution. The performance of these accounts also demonstrates the opportunity available when we manage client relationships strategically, coordinate our capabilities, and engage multiple executive buyers rather than pursuing isolated assignments. Our objective is to apply the same discipline to a broader group of clients. This includes identifying additional buying centers, bringing the right combination of On-Demand Talent, Consulting, and managed services to each opportunity, and establishing clear accountability for growth. Turning to progress being made, I will begin with On-Demand Talent, where our principal challenge is volume rather than billing rate. We have made meaningful changes to strengthen execution. We have added sales capacity, clarified regional accountability, aligned more of our talent organization with sales leadership, introduced additional sales training, and increased the rigor of activity and pipeline management. We are also rebuilding talent metrics around the outcomes that matter most to revenue, including request volume, speed of response, submissions, fill rates, and time to fill. The sales professionals we hired during the first half of this calendar year are at different stages of their ramp. Several are already building encouraging pipelines and producing initial wins. We are also investing in additional business development and demand generation capabilities to expand our pipeline, increase client engagement, and create more qualified opportunities. The objective is straightforward: create more opportunities, respond faster, present the right people, and win a greater share of client demand. Turning to our Consulting segment, this is the area where we have the most immediate work to do. Our Q1 revenue reflects lower project volume, slower conversion of pursuits into active engagements, and project completions. The impact was not uniform across the Consulting business, with certain of our capability areas experiencing better revenue and utilization during the quarter than others. Improving consulting utilization is one of our highest near-term priorities, and we are focused on project staffing and resource management. The goal is to deploy our people more quickly and reduce the time between assignments. We are aligning capacity with realistic demand. We will invest where capabilities are gaining traction, but we will also act where capacity is not supported by near-term demand or a credible pipeline. There were encouraging results within the quarter. We saw strength in several areas of the Consulting portfolio and won meaningful engagements across a range of client priorities, including technology, data, finance transformation, supply chain, and transaction-related work. These wins demonstrate the breadth and relevance of our capabilities. Our task is to make that performance more consistent across the portfolio and to improve the economics of delivery. Regarding our effort to align our cost structure with revenue and simplify how we operate, our Adjusted SG&A expense was $40.3 million, a 9.4% improvement from the prior year quarter, and better than the outlook we provided in July. This reflects the cost actions implemented during fiscal 2026, including lower employee-related costs and reduced spending in several corporate areas. We have made progress, but the current revenue levels require additional action. The next phase is not simply a broad cost reduction exercise. It is about building a simpler, more scalable operating model. That means clarifying roles, reducing duplicative work, improving systems and processes, aligning incentives, increasing accountability, and using technology more effectively. We will remain disciplined in balancing cost actions with selected investments in the client-facing capabilities needed to grow. Our focus is on improving the efficiency and scalability of the business so that growth translates more effectively into profitability and cash flow. As we move through fiscal 2027, our strategic priorities remain clear. First, refocus and strengthen On-Demand Talent. We are increasing sales activity, improving pipeline quality and conversion, deepening our strategic client relationships, and maintaining price discipline. Second, scale Consulting with discipline. We are focused on improving project staffing and utilization and scaling the capabilities where we have demonstrated client demand and differentiation. Third, advance AI and data as practical business capabilities. That means developing solutions designed to produce measurable client outcomes and revenue, while also using an AI to improve productivity and decision-making within RGP. Fourth, simplify how we operate and align our cost structure with current revenue. We are reducing complexity, improving processes and systems, and creating clear accountability for results throughout the organization. We remain confident in the long-term demand for RGP's integrated model. Clients increasingly need a combination of specialized expertise, consulting rigor, flexible delivery, and accountability for execution. Our ability to provide On-Demand Talent, Consulting, and Outsourced Services gives us a differentiated way to meet that need. We have strong client relationships, talented people, relevant capabilities, and a differentiated platform. Our responsibility is to bring those assets together more effectively, operate with discipline, and deliver measurable progress. With that, I will turn the call over to Jessica to provide additional detail on our first quarter financial results and our outlook for the second quarter. Thanks, Roger, and good afternoon, everyone. Our performance in the first quarter was largely in line with expectations and reflective of normal summer seasonality. Consolidated revenue and gross margin were both within our outlook ranges, while SG&A expense was more favorable than our outlook. Adjusted EBITDA for the quarter was $-3.6 million. Consolidated revenue for the quarter was $98.1 million, representing an 18.5% decline on a same-day constant currency basis compared with the prior year quarter. Again, consistent with our outlook and taking into account continued stabilization. Our first quarter gross margin was 37.4%, compared with 39.5% in the prior year quarter, primarily reflecting less favorable leverage of indirect cost of services and lower consultant utilization. Enterprise-wide average bill rate was $114 on a constant currency basis, compared with $121 a year ago. The year-over-year comparison reflects the May 2026 divestiture of Sitrick, which had significantly higher average bill rate, as well as the shift in geographic mix, including greater contribution from Asia- Pacific, which has lower bill rates. At the segment level, average bill rates in our North America segments remain strong. On-Demand Talent's average bill rate increased to $145 from $140 a year ago, while Consulting's increased to $162 from $160. First quarter run rate SG&A expense was $40.3 million. The year-over-year improvements reflects the benefit of cost actions taken during fiscal 2026, including lower employee-related costs and reduced spending in several corporate areas, even as we continue to make targeted investments to support future growth. Next, I'll review results by segment. As a reminder, all year-over-year revenue comparisons are adjusted for business days and currency impacts, and segment Adjusted EBITDA excludes certain shared corporate costs. On-Demand Talent revenue was $38.6 million, down 13.2% from the prior year quarter. Segment Adjusted EBITDA was $2.1 million, or a 5.3% margin, compared with $4.4 million, or a 10% margin. The revenue decline was volume-related, while pricing remained solid. Average bill rate increased approximately 4.1% year-over-year, and the increase in bill rates exceeded the increase in pay rates. The decline in segment Adjusted EBITDA primarily reflects the effect of lower revenue volume on operating leverage, despite favorable bill rate performance. Consulting segment revenue was $32.4 million, down 25.8% year-over-year, and approximately 11.6% sequentially. Billable hours decreased 27.1% year-over-year, partially offset by an approximately 2.2% increase in average bill rate. Segment Adjusted EBITDA was $1.7 million, or a 5.1% margin, compared with $5.1 million, or an 11.6% margin in the prior year quarter. The decline in segment Adjusted EBITDA and margin primarily reflects lower project volume and reduced utilization, which resulted in less favorable operating leverage. Europe and Asia- Pacific revenue was $17.1 million, down 14% year-over-year, and approximately flat sequentially. Segment adjusted EBITDA was near breakeven compared with $0.8 million, or a 4.2% margin in the prior year quarter. Performance varied across the segment, with certain markets experiencing stronger activity levels, while others continued to be affected by slower onboarding and delayed project starts. Geographic mix continued to influence the segment's average bill rate. Outsourced Services revenue was $10 million, up 0.2% year-over-year. Segment adjusted EBITDA was $1.5 million, or a 15.3% margin, compared with $2.3 million, or a 23.3% margin in the prior year quarter. The prior year comparison reflects stronger utilization and certain project-specific factors last year that did not repeat in the current quarter. Our balance sheet remains strong. We ended the quarter with $61.2 million in cash and cash equivalents and no outstanding debt. The sequential decline in cash primarily reflects the expected payment of annual bonuses, which occurs in the first quarter of each fiscal year, expected payment of non-recurring costs related to executive transition and restructuring activities, as well as our operating results for the quarter. We remain confident that our strong cash position and available borrowing capacity of $24.1 million under our revolver provide ample liquidity to support the business as operating performance recovers. Quarterly dividend payments totaled $2.4 million. I'll conclude with our outlook for the second quarter of fiscal 2027. We expect second quarter revenue to be broadly consistent with first quarter levels, ranging from $95 million-$100 million. We expect gross margin to be between 36%-37%, reflecting the impact of the Thanksgiving holiday in the second quarter. Run rate SG&A expense is expected to be in the range of $40 million-$42 million, reflecting the targeted reinvestments we've made in the business and cost reductions completed over the past year. Non-run rate and non-cash expenses are expected to range from $2 million-$3 million and consist primarily of non-cash stock-based compensation expense and amortization of capitalized system transformation costs. In summary, first quarter revenue and gross margin were within our outlook ranges. SG&A was better than our outlook, and the longer-term demand indicators for our business remain compelling. We enter the second quarter with a strong balance sheet and remain focused on improving utilization, conversion, and operating efficiency. With that, we'll open the call for questions. Thank you. As a reminder, to ask a question, please press star one one on your telephone and wait for your name to be announced. To withdraw your question, please press star one one again. One moment for questions. Our first question comes from Joe Gomes with Noble Capital. You may proceed. Good afternoon, Roger and Jessica. Thanks for taking my questions. Good afternoon. Roger, I wanted to start out. I understand what you're saying here in the big picture, and longer term, it looks promising for demand. But we're a multi-year decline here. It doesn't look like we're seeing any real improvement here in the fiscal second quarter. What do you see today in your crystal ball as the timing of a recovery here? It just seems to have been very elongated. Yeah. Well, certainly, I think longer than I'm sure anybody wants, and also the entirety of my time here. That's not fun. As you know, I'm not one to blame the market, but I think when I look at the market and I look at our competitors, I think what we're experiencing is not radically different. The positive thing that we refer to that we see is that we think that things are stabilizing. We're bottoming out in terms of activity, and we think we will be experiencing some sequential growth as we look forward. So those are all positives. It remains to be seen if that plays out that way, but it feels like we're experiencing that type of environment. Okay. On the consultants, I might have missed it. Did you say what their utilization rate was for the quarter? I know it was low 60% last quarter. Then, seeing as the salary consultant utilization is below where you want it to be, how is that impacting retention of the non-salaried consultants? It would seem to be that's somewhat of a juggling act for management. We did not mention the utilization. I'll let Jessica comment on that in a moment. But in terms of the juggling act, our view is those businesses have to be their best versions of themselves. So it's not like one necessarily impacts the other. What is more likely than not is, and we have some very good examples of that in this quarter, when we secure a major Consulting project, particularly if the client would like to have all of those people or majority of those people now in their office in a given part of the U.S., we would have to supplement our own fully employed consulting team with On-Demand Talent. So it's really an AI, which is the power of this model, as opposed to any type of balancing act between them. Okay. Jessica, did you? Yeah, just to follow up on that. Salaried consultant utilization was similar, slightly lower, sort of high 50%s. Okay. Thanks for that. I appreciate it. I will get back in queue. Thank you. Our next question comes from Kartik Mehta with Northcoast Research. You may proceed. Good afternoon, Roger and Jessica. Roger, you made a comment during the prepared remarks about the new sales people you have hired, and you said, obviously, some are performing at or above expectations, that others are still ramping up. As you look at the timeframe of all these investments that you have made, in aggregate, is it where you expected? Better than you expected? I am curious as to how you would frame how the new sales people are doing in terms of aggregate. Yeah, I think by and large, the investments in the sales team is probably ramping about as expected. I think, if you went back at the end of the fiscal year, the last quarter, we spoke about the time to ramp and the likelihood that you would see the majority of that impact in the latter two quarters of this fiscal year. I don't think we actually commented that anybody was more or ahead or behind the ramp, just that we've already had some that are doing quite well against their ramp, and so we're seeing that benefit. But I think everything's progressing at this point at about the pace we would expect. Just to follow up, Jessica, on the SG&A for the second quarter guidance, it looks like it's in line with what is the first quarter. I think, Roger, you talked about potential cost actions. I'm wondering, when you talk about cost actions, is that more about kind of maintaining where the SG&A levels are, or do you think there's an opportunity to even lower them if revenue kind of stays in that $100 million quarter range? Well, it's both, actually. While the bulk of the investment that we were making is done, we still have some of that that comes in and has a full-year impact effect. So you have a little bit of that. All of that is in go-to-market activity. So it's things that drive revenue. At the same time, we are focused on looking at both things that would lower the SG&A cost and, as we talked about, looking at the utilization of our salaried consultants, that where it doesn't impact revenue, but also improve gross margin. So it really would have an impact in both of those areas. Thank you. Appreciate it. Thank you. I would now like to turn the call back over to Roger Carlile for any closing remarks. All right. Thank you, operator, and thanks everyone for joining our call today. We appreciate your interest in RGP, and don't hesitate to reach out with any additional questions. Thank you. Thank you. This concludes the conference. Thank you for your participation. You may now disconnect.