---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006361"
form_type: "8-K"
ticker: "RFIL"
cik: "0000740664"
company_name: "R F INDUSTRIES LTD"
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T05:06:00.650311+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RF Industries Q1 net loss widens to $1.2M; revenue up 8.4%

## Summary
- Net sales of $18.3M (+8.4% YoY) driven by Microlab's higher-margin contribution.
- Operating loss of $(1.2)M vs $(362K) loss a year ago; net loss $(1.2)M ($(0.11)/diluted share) vs $(277K) loss.
- Gross margin improved 360 bps to 27.7% from 24.1% due to product mix shift.
- Non-GAAP net loss of $(25K) vs non-GAAP net income of $691K; Adjusted EBITDA $78K vs $691K.
- Backlog at quarter-end $24.5M on bookings of $15.0M; current backlog $24.0M.

## SEC filing metadata
- accession: 0001437749-23-006361
- form_type: 8-K
- ticker: RFIL
- cik: 0000740664
- company_name: R F INDUSTRIES LTD
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740664/000143774923006361/0001437749-23-006361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740664/000143774923006361/rfil20230313_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006361
- JSON: https://secwatch.observer/filing/0001437749-23-006361.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006361.txt

## Key facts
- Earnings Releases
  R F INDUSTRIES LTD reported the first fiscal quarter ended January 31, 2023 results: revenue $18.3 million, net income $(1.2) million, or $(0.11) per diluted share, EPS $(0.11) per diluted share.
  - Period: the first fiscal quarter ended January 31, 2023
  - Revenue: $18.3 million
  - Net income: $(1.2) million, or $(0.11) per diluted share
  - EPS: $(0.11) per diluted share
  - Result: reported results
  source text: systems, today announced results for its first fiscal quarter ended January 31, 2023. First Quarter Fiscal 2023 Highlights and Operating Results: ● Net sales increased 8.4% to $18.3 million compared to the first quarter of fiscal 2022. ● Backlog was $24.5 million at the end of the first quarter on bookings of $15.0 million. As of today, backlog stands at $24.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/740664/000143774923006361/0001437749-23-006361-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.