NASDAQ$RCMT
RCM Technologies Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
RCM Technologies reported a decrease in revenue but an increase in net income for the fourth quarter of 2019.
RCM Technologies reported a decrease in revenue for the fourth quarter of 2019, but experienced an increase in operating income and net income compared to the same period in the previous year. The Specialty Healthcare Group performed strongly, and the Information Technology group delivered profitable growth. The company is focusing on major utilities and OEMs to drive sustainable growth in the Engineering segment.
- Revenue decreased by 12.2% compared to the same period last year.
- Gross profit decreased by 2.9% compared to the same period last year.
- Operating income increased compared to the same period last year.
- Net income increased compared to the same period last year.
Headline financials
Revenue & EPS history
RCM Technologies · Revenue · Quarterly
$48.6M
Revenue by segment
RCM Technologies · $40.1M total across 2 segments · Q4 2019
- Specialty Healthcare$25M—62.4%
- Engineering$15.1M—37.6%
Forward guidance
RCM Technologies anticipates another record year in 2020 for its Specialty Healthcare Group and expects cash flow from operations to exceed $10 million in fiscal 2020. The company believes it will materially deleverage the business in 2020, especially in the first half.
Tailwinds
- Specialty Healthcare Group is set for another record year in 2020.
- Information Technology group delivered profitable growth in 2019.
- Company expects cash flow from operations to exceed $10 million in fiscal 2020.
- Company believes it will materially deleverage the business in 2020.
- Good progress is already being made in the first quarter.
Headwinds
- Company was disappointed with the performance of Engineering.
- Overall revenue decreased compared to the same period last year.
- Gross profit decreased compared to the same period last year.
- Adjusted EBITDA decreased compared to the same period last year.
- Forward-looking statements are subject to risks, uncertainties, and other factors.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2019
-0.2%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+6.3%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+48.2%
Q1 2022
Best reaction
-25.0%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +4.3% | +10.5% | — | |
| Q1 2026 | -0.6% | -23.2% | -11.8% | |
| Q3 2025 | -9.3% | -13.0% | -9.6% | |
| Q2 2025 | -4.6% | +1.1% | +14.9% | |
| Q1 2025 | +0.8% | -1.0% | -2.1% | |
| Q4 2024 | -13.5% | -10.2% | -10.9% | |
| Q3 2024 | +5.2% | +13.5% | +5.1% | |
| Q2 2024 | +6.1% | +2.1% | +4.6% | |
| Q1 2024 | +8.8% | +12.8% | +2.7% | |
| Q4 2023 | -25.0% | -23.5% | -32.4% | |
| Q3 2023 | +14.7% | +31.0% | +41.7% | |
| Q2 2023 | -12.3% | +3.2% | -1.5% | |
| Q1 2023 | +5.1% | +15.2% | +39.2% | |
| Q4 2022 | +0.3% | -4.5% | -6.3% | |
| Q3 2022 | -12.3% | -19.4% | -28.2% | |
| Q2 2022 | -16.3% | -3.2% | -6.0% | |
| Q1 2022 | +48.2% | +59.2% | +106.2% | |
| Q4 2021 | +11.9% | +42.9% | +98.4% | |
| Q3 2021 | -0.8% | +11.6% | +30.1% | |
| Q2 2021 | -3.8% | -5.6% | +35.7% | |
| Q1 2021 | +0.6% | +3.5% | +9.8% | |
| Q3 2020 | +3.7% | +0.7% | +22.2% | |
| Q2 2020 | +2.5% | +8.7% | -11.3% | |
| Q1 2020 | -17.9% | -23.7% | +18.4% | |
| Q4 2019 | +5.1% | +2.6% | -47.1% | |
| Q3 2019 | -4.4% | -3.9% | -12.7% | |
| Q2 2019 | +8.1% | +1.9% | +8.4% | |
| Q1 2019 | +0.0% | -0.8% | -14.7% | |
| Q4 2018 | -8.7% | -14.0% | -6.2% | |
| Q3 2018 | -2.1% | -6.1% | -12.0% | |
| Q2 2018 | +1.3% | +1.1% | +0.0% | |
| Q1 2018 | +0.2% | +2.6% | +3.0% | |
| Q4 2017 | -2.8% | -3.4% | -7.7% | |
| Q3 2017 | +7.7% | +16.0% | +16.2% | |
| Q2 2017 | -1.5% | +2.3% | -0.4% | |
| Q1 2017 | -0.6% | +3.7% | +13.1% | |
| Q4 2016 | -4.7% | -10.2% | -17.9% | |
| Q3 2016 | -10.7% | -11.3% | +5.3% | |
| Q2 2016 | -0.9% | -3.2% | +2.8% | |
| Q1 2016 | +0.6% | — | — | |
| Q4 2015 | -5.6% | — | — | |
| Q3 2015 | -1.1% | — | — | |
| Q2 2015 | -8.2% | — | — | |
| Q1 2015 | -5.3% | — | — | |
| Q4 2014 | +8.1% | — | — | |
| Q3 2014 | +6.3% | — | — | |
| Q2 2014 | +6.7% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | +0.6% | — | — | |
| Q3 2013 | -2.9% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | +4.6% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | +0.9% | — | — | |
| Q2 2012 | +2.0% | — | — | |
| Q1 2012 | -2.5% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | +0.2% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q1 2011 | -2.1% | — | — | |
| Q4 2010 | +6.5% | — | — | |
| Q1 2010 | +5.1% | — | — | |
| Q4 2009 | -1.8% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro