secwatch.observer — SEC 8-K summary
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Issuer:     RCM TECHNOLOGIES, INC. (RCMT)
CIK:        0000700841
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001437749-21-026287
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCM Technologies Q3 revenue up 44% YoY to $45.5M; net income $2.8M vs loss
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- Q3 revenue $45.5M (+44.1% YoY); GAAP net income $2.8M ($0.24/diluted) vs loss of $0.2M.
- Adjusted EBITDA $1.9M vs $0.2M in prior year; 39-week adjusted EBITDA $5.9M up from $0.3M.
- Sold Canadian Power Systems assets on July 30, 2021; recorded $2.1M gain on sale.
- Ended Q3 with favorable net debt position; expects working capital investment in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700841/000143774921026287/0001437749-21-026287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700841/000143774921026287/rcmt20211105_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-026287

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer