RF Industries Q4 net sales up 16% to $18.5M; net loss narrows to $0.02/share

R F INDUSTRIES LTD

Q4 net sales $18.5M (+16% YoY); gross margin improved to 31.3% from 28.4%.
Q4 consolidated net loss $238K ($0.02 diluted) vs loss $851K ($0.08) YoY.
Non-GAAP net income $394K ($0.04 diluted) vs non-GAAP net loss $434K YoY.
FY2024 net sales $64.9M (-10% YoY); operating loss $2.8M improved from $3.8M.
Adjusted EBITDA $908K in Q4; full-year adjusted EBITDA $838K vs $460K prior year.

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