Jenna, RCMT beat estimates.....
RCM Technologies, Inc. Announces Record Third Quarter Operating Results And the Closing of a $75 Million Credit Facility
PENNSAUKEN, N.J., Aug. 26 /PRNewswire/ -- RCM Technologies, Inc. (Nasdaq: RCMT - news) today announced record operating results for the nine months and the three months ended July 31, 1998.
For the nine months ended July 31, 1998, the Company's revenues and net income increased to $138.2 million and $6.6 million ($0.75/share), respectively, as compared to revenues and net income of $76.5 million and $2.9 million ($0.53/share), respectively, in the nine months ended July 31, 1997.
For the three months ended July 31, 1998, the Company's revenues and net income increased to $52.0 million and $2.6 million ($0.26/share), respectively, as compared to revenues and net income of $28.0 million and $1.2 million ($0.19/share), respectively, in the three months ended July 31, 1997. |