RF Industries Q1 sales up 69% YoY to $16.9M; raises FY22 revenue guidance to >$75M

R F INDUSTRIES LTD

2022-Q1 EPS reported -$0.03 revenue$16,918,000

Net loss ($0.03)/diluted share; non-GAAP net income $0.06/diluted share.
Adjusted EBITDA $691,000 vs. loss of ($229,000) in Q1 FY21.
Backlog of $27.9M at Jan 31, 2022; current backlog $24.9M excl. Microlab.
Raises full-year revenue guidance from >$63M to >$75M, aided by Microlab acquisition.
Gross margin 24% vs 26% a year ago, impacted by supply chain; expects improvement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.