earnings
confidence high
sentiment positive
materiality 0.65
RF Industries Q2 net sales $20.7M (+9% YoY); net income $879K vs year-ago loss
R F INDUSTRIES LTD
- Net sales $20.7M, up 9% from $18.9M YoY and 9% sequentially.
- Gross margin 35.1%, up 360 bps from 31.5% YoY.
- Operating income $1.1M vs $106K; net income $0.08 diluted EPS vs $(0.02) loss.
- Non-GAAP diluted EPS $0.14 vs $0.07; adjusted EBITDA $2.0M vs $1.1M.
- Backlog $20M at quarter-end on bookings of $26.3M.