RMTI Reports Q1 2026 Earnings with Declining Revenue and Improved Margins
RMTI reported a net sales decline of 8% to $17.3 million in Q1 2026, primarily due to reduced volume from its former largest customer. Despite lower revenue, gross margin improved to 17%, up from 15% the previous year, and adjusted EBITDA showed modest improvement.
Topics: customer_concentration financial_performance gross_margin sales