---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013323"
form_type: "8-K"
ticker: "RCMT"
cik: "0000700841"
company_name: "RCM TECHNOLOGIES, INC."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T10:47:07.487300+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RCM Technologies Q1 revenue falls 18% to $67.1M; diluted EPS $0.41 vs $0.62

## Summary
- Revenue of $67.1M, down 18.1% YoY; gross profit $19.0M, down 18.8%.
- GAAP net income $3.8M ($0.41 diluted EPS) compared to $6.5M ($0.62) in prior year.
- Adjusted EBITDA (non-GAAP) $5.6M, down from $9.3M YoY.
- Engineering segment project timing and ramp-up contributed to slower start; cadence increasing.
- Conference call scheduled for May 10, 2023 at 12:00 p.m. ET.

## SEC filing metadata
- accession: 0001437749-23-013323
- form_type: 8-K
- ticker: RCMT
- cik: 0000700841
- company_name: RCM TECHNOLOGIES, INC.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700841/000143774923013323/0001437749-23-013323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700841/000143774923013323/rcmt20230505_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013323
- JSON: https://secwatch.observer/filing/0001437749-23-013323.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013323.txt

## Key facts
- Earnings Releases
  RCM TECHNOLOGIES, INC. reported the thirteen weeks ended April 1, 2023 results: revenue $67.1 million, net income $3.8 million, or $0.41 per diluted share, EPS $0.41 per diluted share.
  - Period: the thirteen weeks ended April 1, 2023
  - Revenue: $67.1 million
  - Net income: $3.8 million, or $0.41 per diluted share
  - EPS: $0.41 per diluted share
  - Result: reported results
  source text: RCM Technologies reported revenue of $67.1 million for the thirteen weeks ended April 1, 2023 (the current period), a decrease of 18.1% compared to $82.0 million for the thirteen weeks ended April 2, 2022 (the comparable prior-year period).
  evidence_url: https://www.sec.gov/Archives/edgar/data/700841/000143774923013323/0001437749-23-013323-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.