RCM Technologies News Release (03/04/2015)
RCM Technologies Inc. reported revenues of $49.3 million for the fourth quarter of 2014, up 7.5% from $45.8 million during the fourth quarter of 2013, and $193.8 million for all of 2014, up 13.5% from $170.8 million in 2013. Net income totaled $1.7 million in the 2014 fourth quarter, compared with a net loss of $1.6 million in the year-ago quarter, and $6.8 million for the year, compared with net income of $2 million in 2013.
By segment, fourth quarter revenue totaled $24.1 million for engineering, up 2.6% from $23.5 million from the 2013 fourth quarter; $15.1 million for information technology, up 8.6% from $13.9 million; and $10.1 million for specialty health care, up 18.8% from $8.5 million. For all of 2014, revenue totaled $99.7 million for engineering, up 15% from $86.7 million in 2013; $59.2 million for information technology, up 7% from $55.3 million; and $34.8 million for specialty health care, up 20.8% from $28.8 million.
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