RCM Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:23 pm EST
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RCM Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 58.05 million compared to USD 58.15 million a year ago. Net income was USD 3.76 million compared to USD 3.52 million a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.33 a year ago.
For the nine months, sales was USD 192.21 million compared to USD 214.46 million a year ago. Net income was USD 11.58 million compared to USD 16.05 million a year ago. Diluted earnings per share from continuing operations was USD 1.33 compared to USD 1.52 a year ago.
RCM Technologies, Inc. is a business and technology solutions provider through the deployment of engineering, specialty health care and information technology services. The Company operates through three segments: Specialty Health Care, Engineering, and Life Sciences and Information Technology services (LS&IT). The Specialty Health Care segment provides staffing solutions including medical health care professionals, health information management professionals, nurses, paraprofessionals, physicians, and therapists. The Engineering segment provides a comprehensive portfolio of engineering and design services across three verticals: energy services, process and industrial and aerospace. The LS&IT segment provides enterprise business solutions, application services, IT infrastructure solutions, life sciences solutions and other vertical-specific offerings. This segment also includes data solutions, digitization, recruiting process outsourcing, human capital management solutions, and more.