secwatch.observer — SEC 8-K summary
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Issuer:     R F INDUSTRIES LTD (RFIL)
CIK:        0000740664
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001437749-24-001952
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RF Industries Q4 net sales down 31% YoY to $15.9M; posts net loss of $851,000
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- Q4 net sales $15.9M, down 31% year-over-year; full-year sales $72.2M, down 15%.
- Q4 gross profit margin 28.4%, down 270 bps YoY but up 400 bps sequentially.
- Q4 GAAP net loss $851k ($0.08 per share); non-GAAP net loss $68k ($0.01 per share).
- Adjusted EBITDA loss $108k in Q4, compared to $1.9M income in prior-year period.
- Year-end cash $4.9M; inventory down 11% amid lower carrier capex.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740664/000143774924001952/0001437749-24-001952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740664/000143774924001952/rfil20240122_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-001952

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer