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Jun 29, 2024
RCM Technologies Q2 2024 Earnings Report
RCM Technologies reported an increase in revenue and gross profit for the second quarter of 2024.
Key Takeaways
RCM Technologies reported a revenue increase of 3.2% and a gross profit increase of 6.6% for the second quarter ended June 29, 2024. GAAP net income was $3.8 million, or $0.47 per diluted share. Adjusted EBITDA increased by 10.8%.
Revenue increased by 3.2% compared to the prior year quarter.
Gross profit increased by 6.6% compared to the prior year quarter.
GAAP net income was $3.8 million, or $0.47 per diluted share.
Adjusted EBITDA (non-GAAP) increased by 10.8% compared to the prior year quarter.
Revenue by Segment
Forward Guidance
RCM Technologies will host a conference call on August 8, 2024, to discuss the second-quarter results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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