RCM Technologies (NASDAQ:RCMT) Posts Earnings Results

RCM Technologies (NASDAQ:RCMT) posted its quarterly earnings results on Wednesday. The business services provider reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.37), Zacks reports. The company had revenue of $76.91 million during the quarter, compared to analysts’ expectations of $79.00 million. RCM Technologies had a return on equity of 58.70% and a net margin of 5.77%.

RCM Technologies Trading Down 13.5 %

Shares of RCM Technologies stock opened at $15.44 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a fifty day moving average price of $19.46 and a 200 day moving average price of $20.86. RCM Technologies has a 1 year low of $13.18 and a 1 year high of $26.37. The stock has a market cap of $117.30 million, a PE ratio of 7.92 and a beta of 0.58.

About RCM Technologies

RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Europe. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences and Information Technology. The Engineering segment offers a range of engineering services, including project management engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, and 3D/BIM integrated design.