secwatch.observer — SEC 8-K summary
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Issuer:     RCM TECHNOLOGIES, INC. (RCMT)
CIK:        0000700841
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001437749-24-007648
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCM Technologies Q4 adjusted EBITDA $8.9M (+18.5% YoY); EPS $0.65
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- Q4 revenue $71.0M (+1.1% YoY), gross profit $21.6M (+5.7%), GAAP net income $5.3M ($0.65 diluted).
- Adjusted net income $0.71 per diluted share vs. $0.52 in prior-year quarter.
- Full-year revenue $263.2M (-7.5%), GAAP EPS $1.96, adjusted EBITDA $26.6M.
- CFO Kevin Miller targets $20M cash from operations in FY2024; improved Q1 collections cited.
- Executive Chairman Bradley Vizi says all three business segments contributed to Q4 growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700841/000143774924007648/0001437749-24-007648-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700841/000143774924007648/rcmt20240312c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-007648

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