RCM Technologies, Inc. (RCMT) Friday announced that its second-quarter revenues and operating income will fall short of its expectations, due primarily to an unexpected and extended client procedural delays in awarding certain engagements, related to a contract with a major North American utility.
The company currently expects revenues in the range of $35.0 to $36.5 million and operating income to grow in the range of 1.0 percent to 3.0 percent. The company had recorded earnings of $1.1 million or $0.08 per share on revenues of $38.2 million in the first quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.