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RCM net income rises 27.8%

November 08, 2007

Third-quarter net income at Pennsauken NJ-based RCM Technologies Inc. (NASD: RCMT) rose 27.8% to $1.7 million from $1.3 million in the same period last year.

The information technology staffing company's third-quarter revenue rose 4.7% to $54.1 million from $51.7 million in the third quarter of 2006. Gross margin slipped to 24.8% from 25.1%.

RCM Technologies Inc. (NASD: RCMT)

For the third quarter ended Sept. 29, 2007, compared with the same period in 2006.

Revenue: $54.1 million, +4.7%

Net income: $1.7 million, +27.8%