RF Industries pre-announces Q2 revenue $22.0M-$22.3M; expects operating profit, cash flow positive

R F INDUSTRIES LTD

Preliminary Q2 FY2023 revenue guidance of $22.0M to $22.3M.
Expects to report an operating profit and be cash flow positive for the quarter.
Recovered some delayed customer orders from Q1 despite cautious carrier capex spending.
Full Q2 earnings release and conference call scheduled for June 14, 2023.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

R F INDUSTRIES LTD reported second fiscal quarter ended April 30, 2023 results: revenue in the range of $22.0 million to $22.3 million.

Period: second fiscal quarter ended April 30, 2023
Revenue: in the range of $22.0 million to $22.3 million
Result: preliminary results

Exact text from the filing

FOR IMMEDIATE RELEASE RF Industries Provides Preliminary Second Quarter 2023 Unaudited Financial Results Ahead of the B. Riley Investor Conference Second Quarter Earnings Release and Call Scheduled for June 14 SAN DIEGO, CA, May 23, 2023 – RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today provided preliminary estimates of certain unaudited financial results for the second fiscal quarter ended April 30, 2023 in advance of the Company’s participation in B. Riley’s 23 rd Annual Institutional Investor Conference on May 24, 2023. For the second quarter, the company expects revenue to be in the range of $22.0 million to $22.3 million.

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Source: SEC EDGAR

accession 0001437749-23-015595

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