RCM Technologies (NASDAQ:RCMT) Posts Quarterly Earnings Results, Misses Expectations By $0.37 EPS

RCM Technologies (NASDAQ:RCMT) announced its quarterly earnings results on Wednesday. The business services provider reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.37), Zacks reports. RCM Technologies had a net margin of 5.77% and a return on equity of 58.70%.

RCM Technologies Price Performance

Shares of RCMT opened at $17.84 on Thursday. The company has a market capitalization of $135.53 million, a P/E ratio of 9.15 and a beta of 0.58. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average of $19.60 and a 200 day moving average of $20.89. RCM Technologies has a twelve month low of $17.11 and a twelve month high of $29.23.

RCM Technologies Company Profile

RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Europe. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences and Information Technology. The Engineering segment offers a range of engineering services, including project management engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, and 3D/BIM integrated design.