secwatch.observer — SEC 8-K summary
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Issuer:     RCM TECHNOLOGIES, INC. (RCMT)
CIK:        0000700841
Form:       8-K
Filed at:   2022-08-10T23:59:59+00:00
Accession:  0001437749-22-019798
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCM Technologies Q2 revenue up 52% YoY; diluted EPS $0.57 vs $0.11
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- Revenue $74.3M (+51.9% YoY); gross profit $21.7M (+76.8% YoY).
- GAAP net income $6.0M ($0.57 diluted EPS) vs $1.3M ($0.11) prior year.
- Adjusted EBITDA $8.4M (+281% YoY); operating cash flow $18.3M in Q2.
- H1 2022 revenue $156.3M (+67.2% YoY); net income $12.5M ($1.18 diluted EPS).
- Management expects strong results for rest of 2022; focus on robust FY 2023 growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700841/000143774922019798/0001437749-22-019798-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700841/000143774922019798/rcmt20220804_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-019798

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