Recap: RCM Technologies Q1 Earnings

RCM Technologies (NASDAQ:RCMT) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM. Here’s what…

RCM Technologies (NASDAQ:RCMT) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

RCM Technologies beat estimated earnings by 7.89%, reporting an EPS of $0.41 versus an estimate of $0.38.

Revenue was down $14.84 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 4.17% increase in the share price the next day.

Here’s a look at RCM Technologies’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.47 0.28 0.52
EPS Actual 0.47 0.33 0.57 0.62
Revenue Estimate 68.88M 61.90M 79.13M 65.00M
Revenue Actual 70.22M 58.15M 74.35M 81.96M

To track all earnings releases for RCM Technologies visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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