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Re: hweb2 post# 99941

Friday, 08/12/2022 6:39:11 AM

Friday, August 12, 2022 6:39:11 AM

Post# of 112910
RCMT I think the seasonality detailed in the CC may have scared some growthers. RCMT had $74.3 mil in revenue from the qtr, and $43,5 of that came from the healthcare segment, which is seasonally weak next qtr, in the conf call they stated revenues my drop near 30% sequentially, but I am not sure if they are talking about total revenues or just the healthcare segment... do you understand which one they mean? It's still a good chunk down either way.


Analyst
And then just to kind of follow up on that answer. Traditionally, in the third quarter, revenue seems to kind of fall off sequentially 20% to 30%. Given the shift in sort of contract mix, do you still anticipate sort of that sequential falloff from 2Q to 3Q of 20% to 30%?

Kevin Miller, RCMT
Yes. That sounds probably in the right ballpark, probably more towards the higher end, I would say. But we'll see how things shake out in terms of how the school year starts off.

best,

Amazing Grace:

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