RCM (RCMT) ( (RCMT) ) has released its Q1 earnings. Here is a breakdown of the information RCM (RCMT) presented to its investors.
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RCM Technologies, Inc. is a business and technology solutions provider operating in sectors such as healthcare, engineering, and information technology, offering services that enhance operational performance. In its latest earnings report for the first quarter of 2025, RCM Technologies announced a significant increase in revenue and profitability, demonstrating robust financial performance. The company reported a revenue of $84.5 million, marking a 17.4% increase from the previous year, alongside a gross profit increase of 7.9% to $22 million. Net income rose to $4.2 million, or $0.54 per diluted share, compared to $4 million, or $0.48 per diluted share, in the prior year. Adjusted EBITDA also saw a notable rise to $7.8 million from $6.8 million. Executive Chairman Bradley Vizi highlighted the company’s strengthening business fundamentals and strategic investments, while CFO Kevin Miller emphasized the strong cash flow and debt reduction achieved during the quarter. Looking ahead, RCM Technologies appears well-positioned to continue its growth trajectory, supported by strategic investments and a focus on enhancing shareholder returns.