Rcm Tech Stock Price, News & Analysis

RCM Technologies, Inc. (RCMT) reported remarkable financial results for the thirteen weeks ending April 2, 2022. Revenue soared by 84% to $82.0 million, up from $44.5 million in the prior year. Gross profit increased 115.8% to $23.4 million. The company achieved GAAP operating income of $9.0 million, compared to $1.4 million last year, and net income reached $6.5 million or $0.62 per diluted share, a significant rise from $1.0 million or $0.08 per diluted share. Adjusted EBITDA stood at $9.3 million, marking a 440% year-over-year increase.

RCM Technologies, Inc. (RCMT) will hold a conference call on April 28, 2022, at 10:00 a.m. Eastern Time to discuss its financial results for the week ending April 2, 2022. Domestic callers can dial (866) 403-9129, while international callers should use (713) 936-6995. RCM specializes in business and technology solutions aimed at enhancing operational performance across commercial and government sectors, as well as providing healthcare services. The company's operations span North America and Serbia, indicating a broad market presence.

RCM Technologies, Inc. (RCMT) announced strong financial results for the periods ending January 1, 2022. Revenue for the thirteen-week period reached $64.9 million, a 57.7% increase year-over-year. Gross profit also surged by 66.5% to $17.8 million. For the fifty-two-week period, revenue was $203.9 million, up 35.5%, with a gross profit of $53.1 million. The company reported GAAP net income of $6.0 million for Q4 and $11.0 million for the year. Adjusted EBITDA saw a remarkable growth of 627% compared to 2020, highlighting the organization’s effective transformation strategy.

RCM Technologies, Inc. (RCMT) will host a conference call on March 31, 2022, at 10:00 a.m. ET to discuss financial results for the thirteen and fifty-two week periods ending January 1, 2022. Domestic callers can dial (888) 272-8703, while international callers should use (713) 936-6995. RCM specializes in business and technology solutions, enhancing operational performance across commercial and government sectors, and offers healthcare services. Its operations extend across North America and Serbia.

RCM Technologies (RCMT) reported a significant increase in financial performance for the thirteen weeks ended October 2, 2021, with revenues reaching $45.5 million, a 44.1% jump from $31.6 million in the previous year. Gross profit also rose by 38.5% to $12.2 million. The company achieved a GAAP net income of $2.8 million or $0.24 per diluted share compared to a loss last year. For the thirty-nine week period, revenues totaled $139.0 million, a 27.2% increase, with net income of $5.0 million. The sale of Canadian offices contributed a gain of $2.1 million.

RCM Technologies, Inc. (NasdaqGM: RCMT) will host a conference call on November 12, 2021, at 11:00 a.m. Eastern Time, to discuss its financial results for the thirteen and thirty-nine weeks ending October 2, 2021. Domestic callers can join at (866) 578-1005, while international participants can dial (713) 936-6995. RCM specializes in business and technology solutions, catering to both commercial and government sectors, with an additional focus on specialty healthcare services.

RCM Technologies, Inc. (NasdaqGM: RCMT) reported robust financial results for the periods ending July 3, 2021. Revenue reached $48.9 million for the thirteen-week period, a 49.9% increase year-over-year, and $93.5 million for the twenty-six weeks, reflecting a 20.3% increase. Gross profit also rose significantly, with $12.3 million for the current quarter and $23.1 million for the half-year. The company turned a net income of $1.3 million or $0.11 per diluted share in the quarter, up from a loss last year. Cash flow from operations was strong at $15.3 million.

RCM Technologies, Inc. (NasdaqGM: RCMT) announced the appointment of two key executives to strengthen its leadership: Tina Ciocca as Executive Vice President of the Aerospace Division, and Peter Grossmann as Senior Vice President of the Energy Services Division. Both executives bring extensive industry experience, with Ciocca previously leading Butler America Inc., and Grossmann having over 25 years at Siemens. The company is seeing increased capital spending from clients as it emerges from the pandemic, positioning RCM for growth and enhanced operational performance.

RCM Technologies, Inc. (RCMT) will hold a conference call on August 13, 2021, at 11:00 a.m. ET to discuss its financial results for the thirteen and twenty-six week periods ending July 3, 2021. Domestic callers can dial (866) 578-1005, and international callers can reach (713) 936-6995. RCM specializes in providing technology and engineering solutions across commercial and government sectors, focusing on enhancing operational performance.