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Stock impact report

RCM Technologies Inc (RCMT) Q3 2024 Earnings Call Highlights: Strong Healthcare Growth and ... [Yahoo! Finance]

RCM Technologies, Inc. (RCMT) 
Last rcm technologies, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: rcmt.com/about-rcm/investor-relations
Company Research Source: Yahoo! Finance
RCM Technologies Inc ( NASDAQ:RCMT ) reported a 3.2% increase in consolidated gross profit for Q3 2024 compared to the previous year. The healthcare segment showed strong performance with an 11.1% increase in gross profit. The company has a robust pipeline of international nurses, which is expected to accelerate growth in healthcare and education sectors. RCM Technologies Inc ( NASDAQ:RCMT ) secured several new clients in the pharmaceutical and biotech sectors, enhancing its reputation as a trusted advisor. The engineering segment is on track to exceed 2024 budgeted revenue, with significant projects in the US, Europe, and Puerto Rico contributing to growth. The Life Sciences, Data, and Solutions division experienced a 13.1% decrease in gross profit. Non-school healthcare revenue saw a decline, attributed to a deliberate reduction in services for a large long-term care group. Interest expenses and foreign currency losses contributed to a $620,000 other expense net for t Show less Read more
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