RCM Technologies Q2 revenue misses estimates
Overview
RCM Technologies Q2 revenue rises 13% but missed analyst expectations
Adjusted EBITDA for Q2 increases to $8.1 mln, indicating operational improvements
Adjusted net income per share up 21.1% to $0.69, reflecting strong performance
Outlook
RCM Technologies expects strong second half of 2025
Company sees momentum building in Engineering segment
Result Drivers
SEGMENT GROWTH - Consistent growth across all three segments contributed to revenue increase, per Executive Chairman Bradley Vizi
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $78.17 mln | $80.40 mln (2 Analysts) |
Q2 EPS | $0.5 | ||
Q2 Net Income | $3.78 mln | ||
Q2 Gross Profit | $22.28 mln | ||
Q2 Operating Income | $6.60 mln | ||
Q2 Pretax Profit | $5.67 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the employment services peer group is "buy"
Wall Street's median 12-month price target for R C M Technologies Inc is $31.00, about 24% above its August 5 closing price of $23.56
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: