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RCM Technologies revenue up 10% in Q1, gross profit margin narrows

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RCM Technologies Inc. (NASD: RCMT) revenue rose 9.6% in the first quarter. However, gross profit margin narrowed at the Pennsauken, NJ-based provider of engineering, healthcare and IT staffing.

(US$ thousands) Q1 2018 Q1 2017 % change Revenue $50,812 $46,341 9.6% Gross profit $12,555 $11,752 6.8% Gross profit margin 24.7% 25.4%   Net income $1,051 $550 91.1% Quote

“Our first-quarter growth in gross profit and operating income really illustrates the potential operating leverage at RCM,” CFO Kevin Miller said. “We expect to

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