RCM Technologies, Inc. (RCMT) closed at $22.60 in the latest trading session, marking a -1.18% move from the prior day. This change lagged the S&P 500's 1.13% loss on the day. Meanwhile, the Dow lost 1.79%, and the Nasdaq, a tech-heavy index, lost 1.3%. The company's stock has dropped by 1.85% in the past month, falling short of the Business Services sector's gain of 0.81% and the S&P 500's gain of 3.55%.The investment community will be paying close attention to the earnings performance of RCM Technologies, ...

RCM Technologies Inc (RCMT) Q1 2025 Earnings Call May 08, 2025 10:30 AM ET Company Participants Kevin Miller - CFOBradley Vizi - Executive Chairman & President Conference Call Participants Liam Burke - MD - Research Analyst Kevin Miller Good morning, and thank you for joining us. This is Kevin Miller, chief financial officer of RCM Technologies, and I am joined today by Brad Deazey, RCM's Executive Chairman. Our presentation in this call will contain forward looking statements. The information contained in ...

RCM Technologies Inc (RCMT) Q1 2025 Earnings Call May 08, 2025 10:30 AM ET Speaker0 Good morning, and thank you for joining us. This is Kevin Miller, chief financial officer of RCM Technologies, and I am joined today by Brad Deazey, RCM's Executive Chairman. Our presentation in this call will contain forward looking statements. The information contained in the forward looking statements is based on our beliefs, estimates, assumptions and information currently available to us, and these matters may materiall ...

Exhibit 99 RCM Technologies, Inc. Tel: 856.356.4500 Corporate Contacts: 2500 McClellan Avenue info@rcmt.com Bradley S. Vizi Pennsauken, NJ 08109 www.rcmt.com Executive Chairman Kevin D. Miller Chief Financial Officer P R E S S R E L E A S E RCM TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER RESULTS Pennsauken, NJ – May 7, 2025 -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of solutions designed to enhance the operational performance of its customers through the deployment of advanced engineering ...

On Thursday, May 8, 2025, RCM Technologies will host a conference call to discuss these results. The call will begin at 10:30 a.m. Eastern Time. The dial-in number is (888) 272-8703. PENNSAUKEN, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of solutions designed to enhance the operational performance of its customers through the deployment of advanced engineering, specialty health care, and information technology services, today announced financial result ...

RCM Technologies Inc (RCMT) Q4 2024 Earnings Call March 13, 2025 06:03 PM ET Company Participants Kevin Miller - CFO, Treasurer & SecretaryBradley Vizi - Executive Chairman & PresidentWilliam Duberstein - Financial Advisor Kevin Miller Good morning, and thank you for joining us. This is Kevin Miller, Chief Financial Officer of RCM Technologies. I am joined today by Brad Veasey, RCM's Executive Chairman. Our presentation and this call will contain forward looking statements. The information contained in the ...

Kevin Miller Good morning, and thank you for joining us. This is Kevin Miller, Chief Financial Officer of RCM Technologies. I am joined today by Brad Vizi, RCM's Executive Chairman. Our presentation and this call will contain forward-looking statements. The information contained in the forward-looking statements is based on our beliefs, estimates, assumptions and information currently available to us, and these matters may materially change in the future. Many of these beliefs, estimates and assumptions are ...

FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Commission file number 1-10245 RCM TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in its Charter) | Nevada | | 95-1480559 | | --- | --- | ...

Revenue Performance - RCM Technologies reported revenue of $76.9 million for the thirteen weeks ended December 28, 2024, an increase of 8.3% compared to $71.0 million for the prior quarter[3] - For the fifty-two weeks ended December 28, 2024, revenue was $278.4 million, reflecting a 5.8% increase from $263.2 million in the prior year[4] - Revenue for the thirteen weeks ended December 28, 2024, was $76,912 million, an increase of 8.1% compared to $71,028 million for the same period in 2023[19] - For the fifty-two weeks ended December 28, 2024, total revenue reached $278,380 million, up from $263,237 million in the previous year, representing a growth of 5.8%[19] Profitability - GAAP net income for the current quarter was $2.9 million, or $0.37 per diluted share, down from $5.3 million, or $0.65 per diluted share, in the comparable prior quarter[3] - The company experienced a GAAP net income of $13.3 million, or $1.68 per diluted share, for the current year, compared to $16.8 million, or $1.96 per diluted share, for the prior year[4] - Adjusted net income per diluted share (non-GAAP) for the current year was $2.03, slightly down from $2.04 in the prior year[4] - Adjusted EBITDA for the current quarter was $6.3 million, compared to $8.9 million for the prior quarter[3] - The company reported a net income of $2,867 million for the thirteen weeks ended December 28, 2024, compared to $5,255 million for the same period in 2023[23] Expenses and Costs - Selling, general and administrative expenses increased to $16.0 million in the current quarter from $13.4 million in the prior quarter[3] - Gross profit for the current quarter was $21.6 million, consistent with the prior quarter's gross profit of $21.6 million[3] - The company’s gross profit for the fifty-two weeks ended December 28, 2024, was $79,778 million, compared to $76,696 million in the previous year[19] - Gross profit margin for the consolidated segment improved to 28.0% in Q4 2024 from 30.5% in Q4 2023[19] Assets and Liabilities - Total current assets increased to $97,038 million as of December 28, 2024, from $90,502 million a year earlier[21] - Cash and cash equivalents decreased to $4,729 million in Q4 2024 from $6,284 million in Q4 2023[21] - The company’s total liabilities rose to $98,593 million as of December 28, 2024, compared to $94,694 million in the previous year[21] - Stockholders' equity increased to $33,484 million as of December 28, 2024, from $25,790 million a year earlier[21] Future Outlook - The company plans to leverage its strategic initiatives to enhance earnings power in 2025[5] - RCM Technologies will host a conference call on March 13, 2025, to discuss these results[6] Cash Flow - Net cash used in operating activities for the thirteen weeks ended December 28, 2024, was $1,637 million, a decrease from $15,066 million in the same period of 2023[23]

Core Viewpoint - RCM Technologies, Inc. reported financial results for the thirteen and fifty-two weeks ended December 28, 2024, showing revenue growth but a decline in net income compared to the previous periods [2][3][4]. Financial Performance - For the thirteen weeks ended December 28, 2024, revenue was $76.9 million, an increase of 8.3% from $71.0 million in the prior quarter [2]. - Gross profit for the current quarter was $21.6 million, consistent with the prior quarter [2]. - GAAP net income for the current quarter was $2.9 million, or $0.37 per diluted share, down from $5.3 million, or $0.65 per diluted share, in the comparable prior quarter [2]. - Adjusted EBITDA for the current quarter was $6.3 million, compared to $8.9 million in the prior quarter [2]. - For the fifty-two weeks ended December 28, 2024, revenue was $278.4 million, a 5.8% increase from $263.2 million in the prior year [3]. - Gross profit for the current year was $79.8 million, a 4.0% increase from $76.7 million in the prior year [3]. - GAAP net income for the current year was $13.3 million, or $1.68 per diluted share, down from $16.8 million, or $1.96 per diluted share, in the prior year [3]. - Adjusted EBITDA for the current year was $25.9 million, compared to $26.6 million in the prior year [3]. Strategic Insights - Executive Chairman Bradley Vizi noted that 2024 demonstrated substantial progress as many strategic initiatives gained traction [4]. - CFO Kevin Miller expressed confidence in the foundation laid for increased earnings power in 2025 [4]. Revenue Breakdown - For the thirteen weeks ended December 28, 2024, revenue by segment was $41.0 million in Specialty Health Care, $26.3 million in Engineering, and $9.6 million in Life Sciences and Data Solutions [18]. - For the fifty-two weeks ended December 28, 2024, revenue by segment was $142.7 million in Specialty Health Care, $96.5 million in Engineering, and $39.2 million in Life Sciences and Data Solutions [18]. Balance Sheet Highlights - As of December 28, 2024, total assets were $132.1 million, up from $120.5 million a year earlier [20]. - Current assets increased to $97.0 million from $90.5 million [20]. - Total liabilities were $98.6 million, compared to $94.7 million in the prior year [20]. Cash Flow Analysis - For the thirteen weeks ended December 28, 2024, net cash used in operating activities was $(1.6) million, compared to $(15.1) million in the prior quarter [23]. - For the fifty-two weeks ended December 28, 2024, net cash provided by operating activities was $6.2 million, down from $12.5 million in the prior year [24].