RCM Technologies, Inc. Announces Results Periods Ended October 2, 2010; EPS $.08

RCM Technologies, Inc. RCMT today announced financial results for the thirteen and thirty-nine week periods ended October 2, 2010. The Company announced revenues of $37.5 million for the thirteen week period ended October 2, 2010, decreased from $40.4 million for the thirteen week period ended September 26, 2009 (comparable prior year period). Net income from continuing operations was $1.2 million, or $0.08 per diluted share, for the thirteen week period ended October 2, 2010, as compared to net income from continuing operations of $0.6 million, or $0.04 per diluted share, for the comparable prior year period. Net income for the thirteen week period ended October 2, 2010 was $1.2 million, or $0.09 per diluted share, as compared to net income of $0.4 million, or $0.03 per diluted share, for the comparable prior year period. The Company had operating income for the thirteen week period ended October 2, 2010 of $1.9 million, or $0.14 per diluted share, as compared to $0.9 million, or $0.07 per diluted share, for the comparable prior year period.