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RCM Technologies Inc. Announces Financial Results

Globe Newswire (11/07/12)

RCM Technologies Inc. on Nov. 7 announced financial results for the 13- and 39-week periods ended Sept. 29, 2012. The company announced revenues of $34.8 million for the 13-week period ended Sept. 29, 2012, increased from $33.6 million for the comparable prior-year period. RCM Technologies had operating income of $1.1 million for the 13-week period ended Sept. 29 as compared with $0.7 million for the comparable prior-year period. Net income for the 13-week period ended Sept. 29 was $0.6 million as compared with net income of $0.7 million for the comparable prior-year period.

The company announced revenues of $108.8 million for both 39-week periods ended Sept. 29, 2012, and the comparable prior-year period. RCM Technologies had operating income of $3.9 million for the 39-week period ended Sept. 29 as compared with $4.8 million for the comparable prior-year period. Net income for the 39-week period ended Sept. 29 was $2.2 million as compared with net income of $3.1 million for the comparable prior-year period.