R F INDUSTRIES LTD reported the first quarter ended January 31, 2026 results: revenue $19.0 million, net income $0.00 per diluted share, EPS $0.00 per diluted share.
“today announced financial results for the first quarter of fiscal year 2026 ended January 31, 2026. First Quarter Fiscal 2026 Highlights and Operating Results: ● Net sales were $19.0 million, a 1% decrease from $19.2 million year-over-year and a decrease of 16% from $22.7 million in the fourth quarter of fiscal 2025 primarily due to normal seasonality. ● Backlog of”
Earnings Releases
R F INDUSTRIES LTD reported first quarter ended January 31, 2024 results: revenue $13.5 million, net income $1.4 million, EPS $0.13 per diluted share.
“first quarter fiscal year 2024 financial results for the quarter ended January 31, 2024. First Quarter Fiscal Year 2024 Highlights and Operating Results: ● Net sales were $13.5 million; down 15.2% from $15.9 million in the fourth quarter of fiscal 2023 and down 26.6% from $18.3 million in the prior-year quarter. ● Backlog of $16.2 million at the end of the”
Material Agreements
R F INDUSTRIES LTD entered into Amendment No. 3 to Loan Agreement with Bank of America, N.A. valued at Defers additional principal payment of $1.0 million from March 1, 2024 to April 1, 2024; reduces add (effective 2024-02-29).
“On February 29, 2024, RF Industries, Ltd., a Nevada corporation (the “Company”) entered into Amendment No. 3 to Loan Agreement (“Loan Amendment No. 3”), effective as of February 29, 2024, with Bank of America, N.A. (the “Bank”), amending that certain Loan Agreement, dated as of February 25, 2022, between the Company and the Bank (as amended, the “Loan Agreement”), under which the Bank provided the Company with a $17 million term loan (the “Term Loan”) and a $3 million revolving credit facility (the “Revolving Credit Facility” and together with the Term Loan, the “Credit Facility”). Loan Amendment No. 3, among other matters, defers the requirement that the Company make an additional principal payment of $1.0 million on the Term Loan, from March 1, 2024, as was required under Amendment No. 2 to the Loan Agreement, entered into between the Company and the Bank on January 26, 2024 (“Loan Amendment No. 2”), to April 1, 2024.”
Ray Bibisi changed role as President at R F INDUSTRIES LTD.
“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.”
Earnings Releases
R F INDUSTRIES LTD reported the fourth quarter and fiscal year ended October 31, 2023 results: revenue $15.9 million, net income $851,000, or $0.08 per diluted share, EPS $0.08 per diluted share.
“fourth quarter and fiscal year 2023 financial results for the year ended October 31, 2023. Fourth Quarter Fiscal 2023 Highlights and Operating Results: ● Net sales were $15.9 million; flat on a sequential basis compared to the prior third fiscal quarter of 2023 and a decrease of 31% year-over-year. ● Backlog of $16.1 million at year-end on fourth quarter”
Jason Cohenour resigned as director at R F INDUSTRIES LTD.
“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.”
Earnings Releases
R F INDUSTRIES LTD reported third fiscal quarter ended July 31, 2023 results: revenue $15.7 million, net income $(1.6) million, EPS $(0.16) per diluted share.
“Net sales decreased 34% to $15.7 million compared to sales of $23.8 million in the third quarter of fiscal 2022”
Shareholder Votes
R F INDUSTRIES LTD shareholders approved Ratification of CohnReznick LLP as independent registered public accounting firm for fiscal year ending October 31, 2023 at the 2023-09-06 meeting.
“Proposal 3 : This proposal was approved with 7,434,045 “FOR” votes, 7,312 “AGAINST” votes and 13,509 “ABSTAIN” votes. There are no broker non-votes in connection with this proposal as brokers are entitled to vote on this matter and are included in the number of “FOR” votes.”
Shareholder Votes
R F INDUSTRIES LTD shareholders approved Advisory approval of the compensation of named executive officers at the 2023-09-06 meeting.
“Proposal 2 : This proposal was approved with 4,187,189 “FOR” votes, 909,314 “AGAINST” votes and 107,679 “ABSTAIN” votes. There were 2,250,684 broker non-votes in connection with this proposal.”
Shareholder Votes
R F INDUSTRIES LTD shareholders approved Election of Gerald Garland and Jason Cohenour as Class II directors at the 2023-09-06 meeting.
“Proposal 1 : Gerald Garland and Jason Cohenour were elected as directors on the following vote: ● Gerald Garland was elected with 3,730,182 “FOR” votes and 1,474,000 “WITHHELD” votes; ● Jason Cohenour was elected with 3,759,774 “FOR” votes and 1,444,408 “WITHHELD” votes. In addition, there were 2,250,684 broker non-votes in connection with this proposal.”
Material Agreements
R F INDUSTRIES LTD entered into Third Amendment to Lease with Sorrento West Properties, Inc. valued at Amendment provides for an increase in tenant improvements by an additional $1,000,000 and increases (effective 2023-07-11).
“On July 11, 2023, RF Industries, Ltd., a Nevada corporation (the “Company”) entered into a Third Amendment to Lease (the “Amendment”) with Sorrento West Properties, Inc., a Delaware corporation (the “Lessor”), amending that certain AIRCRE Standard Industrial/Commercial Single-Tenant Lease - Net, dated as of December 28, 2021, between the Company and Lessor (as amended, the “Lease”), under which the Company leases from Lessor industrial and commercial space located at 16868 Via Del Campo Court, San Diego, California (the “Premises”).”
Material Agreements
R F INDUSTRIES LTD entered into Managed Client Agreement with RGN-MCA San Diego II, LLC (effective 2023-06-27).
“On June 27, 2023 (the “Commencement Date”), RF Industries, Ltd. (the “Company”) entered into a Managed Client Agreement (the “Agreement”) with RGN-MCA San Diego II, LLC (“IWG”)”
Earnings Releases
R F INDUSTRIES LTD reported second fiscal quarter ended April 30, 2023 results: revenue $22.3 million, net income $581,000, EPS $0.06 per diluted share.
“● Net sales increased 3.7% to $22.3 million compared to the second quarter of fiscal 2022. ● Backlog was $18.9 million at the end of the second quarter on bookings of $16.7 million. As of today, backlog stands at $17.6 million. ● Gross profit margin was 27.4%, down 90 basis points from 28.3% in the second quarter of fiscal 2022, primarily related to lower revenue contribution from our small cell solutions. ● Operating income was $489,000 compared to operating income of $746,000 in the second quarter of fiscal 2022, primarily related to lower gross profit from our small cell solutions. ● Consolidated net income was $581,000, or $0.06 per diluted share, compared to net income of $503,000, or $0.05 per diluted share in the second quarter of fiscal 2022.”
Earnings Releases
R F INDUSTRIES LTD reported second fiscal quarter ended April 30, 2023 results: revenue in the range of $22.0 million to $22.3 million.
“FOR IMMEDIATE RELEASE RF Industries Provides Preliminary Second Quarter 2023 Unaudited Financial Results Ahead of the B. Riley Investor Conference Second Quarter Earnings Release and Call Scheduled for June 14 SAN DIEGO, CA, May 23, 2023 – RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today provided preliminary estimates of certain unaudited financial results for the second fiscal quarter ended April 30, 2023 in advance of the Company’s participation in B. Riley’s 23 rd Annual Institutional Investor Conference on May 24, 2023. For the second quarter, the company expects revenue to be in the range of $22.0 million to $22.3 million.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.