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RCMT / RCM Technologies: COVID Boost Gone But 2023 EBITDA Expected Above $20 Million

RCM Technologies: COVID Boost Gone But 2023 EBITDA Expected Above $20 Million
Revenues declined by 18.1% in Q1 2023 while EBITDA slumped by 35.9% as its specialty healthcare services segment is no longer benefitting from increased demand due to COVID. Yet, the engineering, life sciences, and information technology segments are expected to perform well over the coming months. I expect EBITDA for the full year to remain above $20 million which would put the valuation of the RCM Technologies at 8.3x EV/EBITDA. Read More
Posted: Jun 27 2023, 02:55
Author Name: Seeking Alpha
Views: 102074

RCMT News  

RCM Technologies: COVID Boost Gone But 2023 EBITDA Expected Above $20 Million

By Seeking Alpha
June 27, 2023

RCM Technologies: COVID Boost Gone But 2023 EBITDA Expected Above $20 Million

Revenues declined by 18.1% in Q1 2023 while EBITDA slumped by 35.9% as its specialty healthcare services segment is no longer benefitting from increas more_horizontal

Best Value Stocks to Buy for May 22nd

By Zacks Investment Research
June 22, 2023

Best Value Stocks to Buy for May 22nd

RCMT and CAJPY made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 22, 2023. more_horizontal

Why RCM Technologies, Inc. (RCMT) Might be Well Poised for a Surge

By Zacks Investment Research
May 30, 2023

Why RCM Technologies, Inc. (RCMT) Might be Well Poised for a Surge

RCM Technologies, Inc. (RCMT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate r more_horizontal

7 Small-Cap Stocks with Huge Growth Potential

By InvestorPlace
May 4, 2023

7 Small-Cap Stocks with Huge Growth Potential

While common sense dictates that a healthy portfolio should be geared toward large-capitalization equities, the best small-cap stocks to buy offer som more_horizontal

RCM Technologies Should Benefit From Multi-Billion Dollar Government Programs

By Seeking Alpha
April 8, 2023

RCM Technologies Should Benefit From Multi-Billion Dollar Government Programs

RCM Technologies will benefit, in my opinion, from unprecedented, multi-billion dollar government programs in school healthcare and decarbonization. R more_horizontal

RCM Technologies: Growth Through Unconventional Management

By Seeking Alpha
November 12, 2022

RCM Technologies: Growth Through Unconventional Management

RCM Technologies is continuing to grow in a shrinking economic environment, indicating a superior return on investment on asset allocation decisions. more_horizontal

RCM Technologies, Inc. (RCMT) Q3 2022 Earnings Call Transcript

By Seeking Alpha
November 10, 2022

RCM Technologies, Inc. (RCMT) Q3 2022 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT ) Q3 2022 Earnings Conference Call November 10, 2022 11:30 AM ET Company Participants Kevin Miller - CFO Bradley V more_horizontal

RCM Technologies, Inc. (RCMT) Upgraded to Buy: Here's What You Should Know

By Zacks Investment Research
November 8, 2022

RCM Technologies, Inc. (RCMT) Upgraded to Buy: Here's What You Should Know

RCM Technologies, Inc. (RCMT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This mig more_horizontal


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