RCM Technologies Q4 revenue up 57.7% to $64.9M; GAAP net income $6.0M vs loss year ago

RCM TECHNOLOGIES, INC.

Q4 GAAP diluted EPS $0.54; adjusted diluted EPS $0.34.
Full year 2021 revenue $203.9M (+35.5%); GAAP net income $11.0M ($0.95/share).
Q4 adjusted EBITDA $5.3M vs $0.7M in prior-year quarter; full year $11.1M vs $1.1M.
Sold Canadian Power Systems assets on July 30, 2021; contributed $4.9M revenue vs $11.8M in prior year.
Management cites broad-based strength across all segments as driver of record Q4.

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