---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-017407"
form_type: "8-K"
ticker: "RFIL"
cik: "0000740664"
company_name: "R F INDUSTRIES LTD"
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:39:54.994407+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RF Industries Q2 revenue up 3.7% to $22.3M; non-GAAP EPS falls to $0.13

## Summary
- Net sales rose 3.7% to $22.3M; GAAP EPS $0.06 vs $0.05, aided by $164K tax benefit.
- Operating income fell to $489K from $746K; gross margin 27.4% (down 90 bps) on lower small cell.
- Non-GAAP net income $1.3M ($0.13) vs $1.6M ($0.16); Adjusted EBITDA $1.4M vs $2.0M.
- Backlog $18.9M at quarter end on bookings $16.7M; current backlog $17.6M.

## SEC filing metadata
- accession: 0001437749-23-017407
- form_type: 8-K
- ticker: RFIL
- cik: 0000740664
- company_name: R F INDUSTRIES LTD
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740664/000143774923017407/0001437749-23-017407-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740664/000143774923017407/rfil20230614_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-017407
- JSON: https://secwatch.observer/filing/0001437749-23-017407.json
- Plain text: https://secwatch.observer/filing/0001437749-23-017407.txt

## Key facts
- Earnings Releases
  R F INDUSTRIES LTD reported second fiscal quarter ended April 30, 2023 results: revenue $22.3 million, net income $581,000, EPS $0.06 per diluted share.
  - Period: second fiscal quarter ended April 30, 2023
  - Revenue: $22.3 million
  - Net income: $581,000
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: ● Net sales increased 3.7% to $22.3 million compared to the second quarter of fiscal 2022. ● Backlog was $18.9 million at the end of the second quarter on bookings of $16.7 million. As of today, backlog stands at $17.6 million. ● Gross profit margin was 27.4%, down 90 basis points from 28.3% in the second quarter of fiscal 2022, primarily related to lower revenue contribution from our small cell solutions. ● Operating income was $489,000 compared to operating income of $746,000 in the second quarter of fiscal 2022, primarily related to lower gross profit from our small cell solutions. ● Consolidated net income was $581,000, or $0.06 per diluted share, compared to net income of $503,000, or $0.05 per diluted share in the second quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/740664/000143774923017407/0001437749-23-017407-index.htm

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