Associated tags: Information technology, EBITDA, GAAP, Satellite navigation device
Locations: NORTH AMERICA, TEXAS, US, NJ, PENNSAUKEN, EUROPEAN UNION, GERMANY, EUROPE, UNITED STATES, NEW YORK CITY
RCM Technologies reported revenue of $71.9 million for the thirteen weeks ended March 30, 2024 (the current quarter), an increase of 7.2% compared to $67.1 million for the thirteen weeks ended April 1, 2023 (the comparable prior quarter).
Key Points:
- RCM Technologies reported revenue of $71.9 million for the thirteen weeks ended March 30, 2024 (the current quarter), an increase of 7.2% compared to $67.1 million for the thirteen weeks ended April 1, 2023 (the comparable prior quarter).
- Gross profit was $20.4 million for the current quarter, a 7.1% increase compared to $19.0 million for the comparable prior quarter.
- The Company experienced adjusted EBITDA (non-GAAP) of $6.8 million for the current quarter compared to $6.1 million for the comparable prior quarter.
- We anticipate continued improvement in cash flow from operations in each of the next two quarters.”
On Thursday, May 9, 2024, RCM Technologies will host a conference call to discuss these results.
PENNSAUKEN, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, May 9, 2024 at 11:30 a.m. Eastern time to discuss the financial results for the thirteen weeks ended March 30, 2024.
Key Points:
- PENNSAUKEN, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, May 9, 2024 at 11:30 a.m. Eastern time to discuss the financial results for the thirteen weeks ended March 30, 2024.
- The teleconference dial-in numbers are (800) 285-6670 for domestic callers and (713) 936-6995 for international callers.
Retrieved on:
Wednesday, March 13, 2024
RCM Technologies reported revenue of $71.0 million for the thirteen weeks ended December 30, 2023 (the current quarter), an increase of 1.1% compared to $70.2 million for the thirteen weeks ended December 31, 2022 (the comparable prior quarter).
Key Points:
- RCM Technologies reported revenue of $71.0 million for the thirteen weeks ended December 30, 2023 (the current quarter), an increase of 1.1% compared to $70.2 million for the thirteen weeks ended December 31, 2022 (the comparable prior quarter).
- Gross profit was $21.6 million for the current quarter, a 5.7% increase compared to $20.5 million for the comparable prior quarter.
- The Company experienced GAAP operating income of $7.9 million for the current quarter compared to $6.8 million for the comparable prior quarter.
- The Company experienced adjusted EBITDA (non-GAAP) of $8.9 million for the current quarter compared to $7.5 million for the comparable prior quarter.
PENNSAUKEN, N.J., March 11, 2024 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, March 14, 2024 at 11:00 a.m. Eastern time to discuss the financial results for the thirteen and fifty-two weeks ended December 30, 2023.
Key Points:
- PENNSAUKEN, N.J., March 11, 2024 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, March 14, 2024 at 11:00 a.m. Eastern time to discuss the financial results for the thirteen and fifty-two weeks ended December 30, 2023.
- The teleconference dial-in numbers are (800) 285-6670 for domestic callers and (713) 936-6995 for international callers.
Retrieved on:
Wednesday, December 20, 2023
GIS,
Process,
Partnership,
Electricity,
Software,
EnBW,
BIM,
Energy,
Gesellschaft mit beschränkter Haftung,
AIS,
Defense,
RCM,
Data TransnetBW sent a delegation to the United States from December 4 to 8 of 2023 to explore multiple opportunities and RCM's capabilities for future collaborations.
Key Points:
- TransnetBW sent a delegation to the United States from December 4 to 8 of 2023 to explore multiple opportunities and RCM's capabilities for future collaborations.
- This visit included tours of two high-voltage AIS substations in Texas and a medium voltage GIS substation in Washington DC, where RCM had significant project responsibility.
- RCM's commitment and active involvement in the energy transition to a decarbonized net zero grid globally in Europe and North America, as well as its engineering and digital project management capabilities, were highlighted at the RCM Technologies offices in Midtown Manhattan.
- RCM Technologies (NasdaqGM: RCMT) is a business and technology solutions provider with world-class talent in key market segments.
Retrieved on:
Wednesday, November 8, 2023
Gross profit was $17.3 million for the current period, a 0.4% decrease compared to $17.4 million for the comparable prior-year period.
Key Points:
- Gross profit was $17.3 million for the current period, a 0.4% decrease compared to $17.4 million for the comparable prior-year period.
- The Company experienced GAAP operating income of $4.3 million for the current period compared to $4.8 million for the comparable prior-year period.
- The Company experienced adjusted EBITDA (non-GAAP) of $4.6 million for the current period compared to $4.8 million for the comparable prior-year period.
- The Company experienced adjusted EBITDA (non-GAAP) of $16.3 million for the current period compared to $22.5 million for the comparable prior-year period.
Retrieved on:
Thursday, November 2, 2023
PENNSAUKEN, N.J., Nov. 02, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, November 9, 2023 at 11:00 a.m. Eastern time to discuss the financial results for the thirteen and thirty-nine weeks ended September 30, 2023.
Key Points:
- PENNSAUKEN, N.J., Nov. 02, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, November 9, 2023 at 11:00 a.m. Eastern time to discuss the financial results for the thirteen and thirty-nine weeks ended September 30, 2023.
- The teleconference dial-in numbers are (800) 285-6670 for domestic callers and (713) 936-6995 for international callers.
Retrieved on:
Wednesday, August 9, 2023
Gross profit was $18.8 million for the current period, a 13.5% decrease compared to $21.7 million for the comparable prior-year period.
Key Points:
- Gross profit was $18.8 million for the current period, a 13.5% decrease compared to $21.7 million for the comparable prior-year period.
- The Company experienced GAAP operating income of $5.7 million for the current period compared to $8.2 million for the comparable prior-year period.
- The Company experienced adjusted EBITDA (non-GAAP) of $6.0 million for the current period compared to $8.4 million for the comparable prior-year period.
- The Company experienced GAAP operating income of $11.5 million for the current period compared to $17.2 million for the comparable prior-year period.
PENNSAUKEN, N.J., Aug. 03, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, August 10, 2023 at 11:30 a.m. Eastern time to discuss the financial results for the thirteen and twenty-six weeks ended July 1, 2023.
Key Points:
- PENNSAUKEN, N.J., Aug. 03, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Thursday, August 10, 2023 at 11:30 a.m. Eastern time to discuss the financial results for the thirteen and twenty-six weeks ended July 1, 2023.
- The teleconference dial-in numbers are (800) 285-6670 for domestic callers and (713) 936-6995 for international callers.
Energy,
Senior,
Information technology,
Engineering,
EPC,
Carbon,
Investment,
Peter Head (civil engineer),
European,
Knowledge,
Growth,
Siemens Energy,
Renewable energy RCM Technologies is proud to announce the opening of the RCM Energy Services Operation Centre in Eschborn / Frankfurt am Main, Germany.
Key Points:
- RCM Technologies is proud to announce the opening of the RCM Energy Services Operation Centre in Eschborn / Frankfurt am Main, Germany.
- The RCM Energy Services team will leverage their established Engineering, Procurement, Construction (EPC) model to serve European clients through the evolution of infrastructure upgrades.
- Stefan Patz, a highly regarded energy professional, has been appointed General Manager of RCM Energy Services’ operations in Germany.
- The RCM Energy Services team is passionate about making an impact for our communities and clients as the world moves toward a carbon neutral future.
