Rcm Tech Stock Price, News & Analysis

RCM Technologies (RCMT) has scheduled a conference call for Thursday, May 8, 2025, at 10:30 a.m. Eastern time to discuss its financial results for the thirteen weeks ended March 29, 2025. Investors can join via phone using the dial-in numbers (888) 272-8703 for domestic callers and (713) 936-6995 for international callers.

RCM Technologies is a business and technology solutions provider operating across multiple key market segments including Health Care, Engineering, Aerospace & Defense, Process & Industrial, Life Sciences, and Data & Solutions. The company focuses on designing, building, and enabling industries of tomorrow.

RCM Technologies (RCMT) has reported its Q4 and fiscal year 2024 results, showing mixed performance. Q4 revenue increased 8.3% to $76.9 million compared to $71.0 million in Q4 2023, while gross profit remained flat at $21.6 million. However, Q4 GAAP net income decreased to $2.9 million ($0.37 per diluted share) from $5.3 million ($0.65 per diluted share) year-over-year.

For fiscal year 2024, revenue grew 5.8% to $278.4 million, with gross profit up 4.0% to $79.8 million. Annual GAAP net income declined to $13.3 million ($1.68 per diluted share) from $16.8 million ($1.96 per diluted share) in 2023. Adjusted EBITDA for 2024 slightly decreased to $25.9 million compared to $26.6 million in the previous year.

RCM Technologies (RCMT) has announced a conference call scheduled for Thursday, March 13, 2025 at 11:30 a.m. Eastern time to discuss financial results for the thirteen and fifty-two weeks ended December 28, 2024. Participants can join via phone using the following dial-in numbers: (888) 272-8703 for domestic callers and (713) 936-6995 for international callers.

RCM Technologies positions itself as a business and technology solutions provider operating in key market segments. The company specializes in:

• Health Care
• Engineering
• Aerospace & Defense
• Process & Industrial
• Life Sciences
• Data & Solutions

RCM Technologies (RCMT) has launched a new program to resell the UKG Ready suite directly to small businesses, expanding its Human Capital Management (HCM) service offerings. As a value-added reseller with decades of industry expertise, RCM aims to provide small businesses with streamlined HR processes and enhanced operational efficiency.

With over 33 million U.S. small businesses employing more than 61.6 million workers, RCM's HCM Solutions offers immediate access to industry-leading technology for efficiently managing workforce needs while maintaining compliance. The company is already one of the largest implementation partners for UKG Ready, and this new reseller partnership extends its commitment to delivering top-tier HCM solutions.

The UKG Ready platform enables businesses to optimize payroll, time tracking, talent management, and employee engagement in one integrated system. RCM's dedicated support team provides expert guidance and seamless integration with existing workflows. The program is available immediately, with more information accessible at www.rcmt.com/hcm.

RCM Technologies (NASDAQ: RCMT) has launched its innovative New Ethanol eXpansion Technology (NEXT) program through its RCM Thermal Kinetics division. The technology aims to increase ethanol plant production capacity by over 20% annually without major equipment replacement.

The NEXT program, designed for existing ethanol plants, can potentially add 20 million gallons of production to a 100-million-gallon facility. It integrates strategic equipment upgrades with detailed hydraulic balance across critical systems including distillation, dehydration, and evaporation. Implementation can be completed during short-duration plant turnarounds, minimizing operational disruption.

This innovation comes as international fuel ethanol consumption is projected to grow by 173% from 2021 through 2030. The technology leverages advanced engineering concepts from the refining industry to provide a cost-effective and efficient solution for ethanol producers seeking expansion.

RCM Technologies (RCMT) reported Q3 2024 financial results with revenue of $60.4 million, up 4.0% from $58.0 million in Q3 2023. Gross profit increased 3.2% to $17.8 million. GAAP net income was $2.7 million ($0.35 per diluted share), compared to $3.8 million ($0.46 per diluted share) in Q3 2023. For the first 39 weeks of 2024, revenue grew 4.8% to $201.5 million, with gross profit up 5.7% to $58.2 million. Healthcare and Engineering segments led the quarter's growth, with management anticipating enhanced cash conversion in coming quarters.

RCM Technologies (RCMT) has announced a conference call scheduled for Friday, November 8, 2024, at 1:00 p.m. Eastern time. The call will discuss financial results for the thirteen and thirty-nine weeks ended September 28, 2024. Participants can join via phone using the dial-in numbers: (888) 272-8703 for domestic callers and (713) 936-6995 for international callers.

RCM Technologies operates as a business and technology solutions provider, specializing in Health Care, Engineering, Aerospace & Defense, Process & Industrial, Life Sciences, and Data & Solutions. The company focuses on designing, building, and enabling industries through advanced technologies.

RCM Technologies, Inc. (RCMT) reported strong financial results for Q2 2024. Key highlights include:

- Revenue increased 3.2% to $69.2 million
- Gross profit rose 6.6% to $20.0 million
- GAAP net income was $3.8 million or $0.47 per diluted share
- Adjusted EBITDA grew 10.8% to $7.2 million
- Adjusted net income per diluted share increased to $0.56

For the first half of 2024, RCMT saw revenue growth of 5.2% to $141.1 million and a 10.9% increase in adjusted EBITDA to $14.0 million. The Engineering segment led growth, with ongoing project activity ramping up. Management highlighted the company's strong cash-generating business model, enabling growth funding and active capital structure management.

RCM Technologies, Inc. (RCMT) has announced a conference call scheduled for Thursday, August 8, 2024, at 1:00 p.m. Eastern time. The call will discuss financial results for the thirteen and twenty-six weeks ended June 29, 2024. Investors can dial in using the following numbers:

• Domestic callers: (888) 272-8703
• International callers: (713) 936-6995

RCM Technologies is a business and technology solutions provider operating in key market segments such as Health Care, Engineering, Aerospace & Defense, Process & Industrial, Life Sciences, and Data & Solutions. The company focuses on designing, building, and enabling the Industries of Tomorrow, Today, leveraging world-class talent and advanced technologies.