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View All NewsRCM revenue edges down 0.2% in Q3 with decline in specialty healthcare
Third-quarter revenue fell 0.2% at RCM Technologies Inc. (NASDAQ: RCMT), a Pennsauken, New Jersey-based staffing firm. The overall decline was driven by a decrease in the company’s specialty healthcare segment. Engineering and life sciences/IT revenue rose.
“The cadence of our business continues to accelerate as we move through the year,” RCM Executive Chairman Bradley Vizi said in a press release. “As such, we expect the fourth quarter to be our strongest and continue to be confident that the long-term outlook for RCM is bright.”
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Share price
Shares in RCM were up 9.2% to $20.86 as of 1:14 p.m. Eastern time today; they were 3.23% below their 52-week high, according FT.com.