Ray Bibisi
Effective February 29, 2024, RF Industries, Ltd. (the “Company”) promoted Mr. Ray Bibisi to President, adding to his current role of Chief Operating Officer of the Company.
Highest-materiality recent filing
RF Industries Q1 fiscal 2026 net sales $19.0M, gross margin improves 250 bps
Net sales of $19.0M, down 1% YoY from $19.2M; backlog of $14.4M at quarter-end.
RF Industries Q4 net sales up 23% to $22.7M; swings to GAAP profit
Q4 net sales $22.7M, up 23% YoY; FY25 net sales $80.6M, up 24%.
RF Industries amends credit agreement: extends maturity to 2029, lowers minimum balance and rate
Revolving credit facility maturity extended to March 15, 2029 (from original 2024 agreement).
RF Industries annual meeting elects directors and approves say-on-pay
Sheryl Cefali and Robert Dawson elected as Class III directors with ~94% of votes cast (4.76M for, 0.31M withheld).
RF Industries Q3 net sales up 17.5% YoY to $19.8M; swings to net income $392K
Net sales $19.8M, +17.5% YoY; gross margin 34% vs 29.5% prior year.
RF Industries Q2 net loss narrows to $245K; sales up 17% to $18.9M
Net sales $18.9M, +17.4% YoY; backlog $15M at quarter-end, now $18.4M.
RF Industries Q1 net sales $19.2M (+42.7% YoY); net loss narrows to $0.02/sh
Net sales $19.2M, up 42.7% from $13.5M YoY; backlog $15.2M on $14.9M bookings.
RF Industries Q4 net sales up 16% to $18.5M; net loss narrows to $0.02/share
Q4 net sales $18.5M (+16% YoY); gross margin improved to 31.3% from 28.4%.
RF Industries Q3 revenue up 7.6% YoY to $16.8M; net loss narrows to $0.07/share
Net sales $16.8M, +4.5% QoQ and +7.6% YoY; backlog $20.1M with $18.9M bookings.
Elected Mark K. Holdsworth (5.64M for) and Kay L. Tidwell (5.33M for) as Class I directors.
RF Industries Q2 net loss $4.3M on deferred tax adjustment; sales down 28% YoY
Net sales $16.1M, up 19.7% sequentially but down 28% from $22.3M YoY.
RF Industries Q1 sales $13.5M, net loss $1.4M; adjusted EBITDA loss $1.1M
Net sales $13.5M, down 26.6% YoY and 15.2% sequentially; net loss $1.4M ($0.13/sh).
RF Industries defers $1M loan payment to April 1, cuts fee under Bank of America amendment
$1.0M principal payment on Term Loan moved from March 1 to April 1, 2024 (Amendment No. 3).
RF Industries promotes Ray Bibisi to President, adds to COO role effective Feb 29, 2024
Bibisi will lead sales, product management, and engineering across all business units.
RF Industries Q4 net sales down 31% YoY to $15.9M; posts net loss of $851,000
Q4 net sales $15.9M, down 31% year-over-year; full-year sales $72.2M, down 15%.
Director Jason Cohenour resigns from RF Industries board effective Oct 31, 2023
Jason Cohenour resigned from the Board and all committees due to increased time commitments.
RF Industries Q3 net sales down 34% to $15.7M, net loss of $(0.16) per share
Net sales $15.7M vs $23.8M a year ago, driven by lower hybrid fiber cable sales to wireless carriers.
RF Industries Announces Stockholder Voting Results from 2023 Annual Meeting
Gerald Garland elected as Class II director with 3,730,182 FOR votes and 1,474,000 WITHHELD.
RF Industries enters lease amendment for $1M TIA and managed services agreement with IWG (Regus)
Third Amendment to Lease adds $1.0M tenant improvement allowance to construct and furnish adjacent office space.
RF Industries enters into Regus brand workspace management deal for 39,979 sq ft in San Diego
Agreement with RGN-MCA San Diego II (IWG) for managed flexible workspace under Regus brand for 39,979 sq ft of vacant office space.
RF Industries Q2 revenue up 3.7% to $22.3M; non-GAAP EPS falls to $0.13
Net sales rose 3.7% to $22.3M; GAAP EPS $0.06 vs $0.05, aided by $164K tax benefit.
RF Industries pre-announces Q2 revenue $22.0M-$22.3M; expects operating profit, cash flow positive
Preliminary Q2 FY2023 revenue guidance of $22.0M to $22.3M.
Effective February 29, 2024, RF Industries, Ltd. (the “Company”) promoted Mr. Ray Bibisi to President, adding to his current role of Chief Operating Officer of the Company.
On October 27, 2023, Jason Cohenour informed RF Industries, Ltd. (the “Company”) of his intent to resign from the board of directors (the “Board”) of the Company and all committees of the Board due to increased time commitments with other endeavors.
Max materiality 0.80 · Median 0.60 · Most common event earnings