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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.
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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