RCM Technologies, Inc. (RCMT) Q3 2024 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT) Q3 2024 Earnings Conference Call November 8, 2024 1:00 PM ET

Company Participants

Kevin Miller - Chief Financial Officer
Bradley Vizi - Executive Chairman

Conference Call Participants

William Sutherland - The Benchmark Company
Alexander Rygiel - B. Riley Securities
Frank Kelly - Scopia Capital Management

Kevin Miller

Good morning and thank you for joining us. This is Kevin Miller, Chief Financial Officer of RCM Technologies. I'm joined today by Brad Vizi, RCM's Executive Chairman. Our presentation in this call will contain forward-looking statements.

The information contained in the forward-looking statements is based on our beliefs, estimates, assumptions and information currently available to us and these matters may materially change in the future. Many of these beliefs, estimates and assumptions are subject to rapid change.

For more information on our forward-looking statements and the risks, uncertainties and other factors to which they are subject, please see the periodic reports on Forms 10-K, 10-Q and 8-K that we filed with the SEC as well as our press releases that we issue from time to time.

I will now turn the call over to Brad Vizi, Executive Chairman, to provide an overview of RCM's operating performance during the second quarter.

Bradley Vizi

Thanks, Kevin. Good morning, everyone. Third quarter growth was led by Healthcare and Engineering as both businesses continue to ramp in their respective end markets. Though Q3 should always be considered the lens of seasonality, the breadth of progress in each of our businesses is inspiring as we continue to land new clients while maintaining and expanding existing ones.

Sustainable progress never comes in a straight line. However, the resilience of our platform and commitment of our people across several continents has allowed for consistent progress throughout the cycle and in the ever evolving world. Our strategic construct allows us