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RCM Technologies (NASDAQ: RCMT) provides mission-critical technology solutions and specialized workforce services across engineering, healthcare, and IT sectors. This news hub offers investors and industry professionals centralized access to official corporate announcements, financial updates, and strategic developments.
Track key business milestones through earnings reports, leadership changes, partnership announcements, and operational expansions. Our curated collection ensures timely access to press releases covering RCMT's engineering innovations, healthcare staffing initiatives, and cross-industry technology implementations.
Discover updates on the company's three core segments: Engineering Services for industrial projects, Specialty Healthcare Staffing solutions, and Integrated Business Technology deployments. Regular updates include regulatory filings, contract awards, and strategic market entries across North American and European operations.
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RCM Technologies (NasdaqGM: RCMT) reported strong financial results for Q4 and FY 2022, achieving revenue of $70.2 million for the quarter, up 8.2% year-over-year, and $284.7 million for the year, reflecting a 39.6% increase. Gross profit rose to $20.5 million in Q4, a 15.0% increase, while annual gross profit hit $82.9 million, up 56.1%. Despite a decrease in GAAP net income to $4.8 million or $0.48 per diluted share for Q4, adjusted EBITDA grew to $7.0 million for the quarter and $29.5 million for the year. The company generated over $28 million in cash flow from operations in 2022, indicating strong operational performance.
RCM Technologies, Inc. (NasdaqGM: RCMT) has announced a conference call scheduled for March 16, 2023, at 11:00 a.m. Eastern Time. The purpose is to discuss the financial results for the thirteen and fifty-two weeks ended December 31, 2022. Callers can join via dial-in at (800) 285-6670 for domestic or (713) 936-6995 for international participation. RCM provides business and technology solutions to optimize performance in commercial and government sectors, alongside specialty healthcare services. Risks and uncertainties linked with forward-looking statements regarding performance and growth are highlighted.
RCM Technologies, Inc. (RCMT) reported strong financial results for Q3 2022, with a revenue of $58.2 million, a 27.9% increase from the prior year. Gross profit reached $17.4 million, up 42.1%. Net income also rose to $3.5 million or $0.33 per diluted share, compared to $2.8 million or $0.24 last year. For the first nine months, total revenue stood at $214.5 million, showing a 54.3% increase year-over-year, with net income at $16.1 million or $1.52 per diluted share. Adjusted EBITDA surged by 162% for Q3 and 290% year-to-date.
RCM Technologies, Inc. (RCMT) announces a conference call on November 10, 2022, at 11:30 a.m. ET to discuss financial results for the 13 and 39 weeks ended October 1, 2022. Interested parties can join via dial-in numbers provided for domestic and international callers. RCM Technologies specializes in business and technology solutions aimed at enhancing operational performance, serving both commercial and government sectors, as well as healthcare services. The announcement also includes forward-looking statements regarding risks and expected financial outcomes.
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