secwatch.observer — SEC 8-K summary
======================================

Issuer:     RCM TECHNOLOGIES, INC. (RCMT)
CIK:        0000700841
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001437749-24-015372
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCM Tech Q1 rev $71.9M (+7.2% YoY), GAAP EPS $0.48, adj EPS $0.53
-----------------------------------------------------------------

- GAAP net income $4.0M ($0.48 diluted EPS) vs $3.8M ($0.41) prior year.
- Adjusted EBITDA $6.8M vs $6.1M; adjusted EPS $0.53 vs $0.41 (up 30% YoY).
- Revenue $71.9M, up 7.2% YoY; gross profit $20.4M, up 7.1% YoY.
- Cash conversion improved sequentially and YoY; management expects further improvement in Q2 and Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700841/000143774924015372/0001437749-24-015372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700841/000143774924015372/rcmt20240503_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-015372

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