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Sep 28, 2024
RCM Technologies Q3 2024 Earnings Report
RCM Technologies reported a revenue increase of 4.0% and a net income of $2.7 million for the third quarter of 2024.
Key Takeaways
RCM Technologies announced its third-quarter results, with revenue increasing by 4.0% to $60.4 million. The company reported a net income of $2.7 million, or $0.35 per diluted share. Growth was led by Healthcare and Engineering sectors.
Revenue increased by 4.0% compared to the same quarter last year.
Gross profit increased by 3.2% compared to the same quarter last year.
Net income was $2.7 million, or $0.35 per diluted share.
Adjusted EBITDA increased by 9.5% compared to the same quarter last year.
RCM Technologies
RCM Technologies
RCM Technologies Revenue by Segment
Forward Guidance
Growth remains consistent, while we anticipate enhanced cash conversion in coming quarters.
Revenue & Expenses
Visualization of income flow from segment revenue to net income