RCM Technologies Inc - RCMT STOCK NEWS

RCM Technologies (NasdaqGM: RCMT) has announced the acquisition of TalentHerder, a leading talent acquisition service provider. This strategic move aims to enhance RCM's recruitment process outsourcing (RPO) capabilities by expanding their candidate sourcing reach and improving response times to client needs. The acquisition is expected to address challenges in attracting skilled talent, particularly for high-growth organizations. TalentHerder's expertise in recruitment will allow RCM to offer more flexible RPO solutions, positioning the company as a leader in the sector.

RCM Technologies, Inc. (NasdaqGM: RCMT) announced the upcoming grand opening of the RCM Thermal Kinetics Innovation Center in November 2022, aimed at enhancing operational performance for clients in various sectors including renewable technologies and pharmaceuticals. This facility will include a state-of-the-art Test Center for pilot testing, which supports carbon-reduction goals and improves project efficiency. The company has doubled its workforce over the past year to meet increasing demand. Since its acquisition of Thermal Kinetics in 2018, RCM has seen continuous business growth.

RCM Technologies, Inc. (RCMT) reported impressive financial results for the thirteen and twenty-six weeks ended July 2, 2022. Revenue reached $74.3 million, up 51.9% year-over-year, with a gross profit of $21.7 million, marking a 76.8% increase. Net income surged to $6.0 million ($0.57 per diluted share), compared to $1.3 million ($0.11 per diluted share) in the previous year. For the twenty-six weeks, revenue was $156.3 million, a 67.2% rise, and gross profit $45.1 million, representing a 95.1% increase. Adjusted EBITDA also saw substantial growth, affirming strong operational performance across various market segments.

RCM Technologies, Inc. (NasdaqGM: RCMT) is scheduled to hold a conference call on August 11, 2022, at 11:30 a.m. Eastern Time to discuss its financial results for the thirteen and twenty-six weeks ended July 2, 2022. Domestic callers can dial (866) 403-9129, while international callers can reach (713) 936-6995. The company provides business and technology solutions across various sectors and is also involved in specialty healthcare services. Additional information is available on their website.

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.