secwatch.observer — SEC 8-K summary
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Issuer:     R F INDUSTRIES LTD (RFIL)
CIK:        0000740664
Form:       8-K
Filed at:   2022-03-17T23:59:59+00:00
Accession:  0001437749-22-006503
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740664/000143774922006503/0001437749-22-006503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740664/000143774922006503/rfil20220316_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-006503

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