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RCM Technologies (NASDAQ:RCMT) Announces Earnings Results, Misses Estimates By $0.37 EPS

RCM Technologies logo with Business Services background
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RCM Technologies (NASDAQ:RCMT - Get Free Report) announced its quarterly earnings results on Wednesday. The business services provider reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.37), Zacks reports. The firm had revenue of $76.91 million during the quarter, compared to analysts' expectations of $79.00 million. RCM Technologies had a net margin of 5.77% and a return on equity of 58.70%.

RCM Technologies Stock Up 1.0 %

NASDAQ:RCMT traded up $0.16 during trading hours on Friday, reaching $15.60. The company's stock had a trading volume of 27,424 shares, compared to its average volume of 53,989. The company has a market capitalization of $118.51 million, a P/E ratio of 8.00 and a beta of 0.58. RCM Technologies has a 12 month low of $13.18 and a 12 month high of $26.37. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.63 and a current ratio of 1.63. The stock has a 50 day moving average price of $19.46 and a two-hundred day moving average price of $20.86.

RCM Technologies Company Profile

(Get Free Report)

RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Europe. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences and Information Technology. The Engineering segment offers a range of engineering services, including project management engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, and 3D/BIM integrated design.

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Earnings History for RCM Technologies (NASDAQ:RCMT)

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