secwatch.observer — SEC 8-K summary
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Issuer:     RCM TECHNOLOGIES, INC. (RCMT)
CIK:        0000700841
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001437749-23-006713
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCM Technologies reports Q4 revenue $70.2M (+8.2% YoY); FY net income $20.9M ($2.00 diluted) up 90% YoY
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- Q4 2022: revenue $70.2M (+8.2% YoY); GAAP net income $4.8M ($0.48 diluted) vs $6.0M ($0.52) prior year.
- FY 2022: revenue $284.7M (+39.6% YoY); gross profit $82.9M (+56.1%); GAAP net income $20.9M ($2.00 diluted).
- FY adjusted EBITDA (non-GAAP) $29.5M vs $11.1M prior year; cash flow from operations >$28M.
- Growth driven by talent investment in secular markets; management cites strong positioning for future returns.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700841/000143774923006713/0001437749-23-006713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700841/000143774923006713/rcmt20230309_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-006713

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