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RCM revenue slips 3.2%

August 07 2008

Second-quarter revenue fell 3.2% at RCM Technologies Inc. (NASD: RCMT) to $55.0 million from $56.8 million in the same period last year.

Gross margin at the Pennsauken NJ-based staffing firm, however, improved to 27.5% from 24.6%. The company said the gain in gross margin came, in part, because of two recent acquisitions.

Net income dropped 22.3% to $1.4 million from $1.9 million.

RCM Technologies Inc. (NASD: RCMT)
For the second quarter ended June 28, 2008, compared with the same period in 2007.
Revenue: $55.0 million, -3.2%
Net income $1.4 million, -22.3%

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