RF Industries Q1 net sales $19.2M (+42.7% YoY); net loss narrows to $0.02/sh

R F INDUSTRIES LTD

2025-Q1 EPS reported -$0.02 revenue$19,200,000

Net sales $19.2M, up 42.7% from $13.5M YoY; backlog $15.2M on $14.9M bookings.
Operating income of $56,000 vs operating loss of $2.1M in Q1 last year.
Net loss $245K ($0.02 loss per share) improved from $1.4M loss ($0.13 loss per share) YoY.
Non-GAAP net income $397K ($0.04/sh) vs non-GAAP net loss $1.4M ($0.14 loss per share) prior year.
Adjusted EBITDA $867K, up from negative $1.1M; gross margin 29.8% vs 24.5%.

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