Daily News

View All News

RCM Technologies revenue up 18% in Q1

May 07, 2014

RCM Technologies Inc. (NASD GM: RCMT) — a provider of engineering, IT and healthcare staffing — reported revenue rose 17.8 percent in the first quarter to $48.6 million. However, gross margin narrowed to 25.2 percent in the first quarter at the Pennsauken, N.J.-based firm from 25.8 percent in the year-ago quarter.

Revenue

  Q1 2014 (000s) Q1 2013 (000s) % growth
Revenue $48,569 $41,230 17.8%

Gross margin

  Q1 2014  Q1 2013 
Gross margin 25.2% 25.8%

Net income

  Q1 2014 (000s) Q1 2013 (000s) % growth
Net income $1,203 $960 25.3%

Share price and market cap

Shares in RCM fell 0.45 percent to $6.61 in late morning trading. The company had a market cap of $82.31 million, according to Yahoo!