Highest-materiality recent filing
RF Industries Q2 net sales $20.7M (+9% YoY); net income $879K vs year-ago loss
Net sales $20.7M, up 9% from $18.9M YoY and 9% sequentially.
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 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.
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%.
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 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.
RF Industries Q1 net loss widens to $1.2M; revenue up 8.4%
Net sales of $18.3M (+8.4% YoY) driven by Microlab's higher-margin contribution.
Q4 net sales $23.0M, +8.9% YoY; full-year net sales $85.3M, +48% YoY.
RF Industries reports record Q3 sales of $23.8M, up 56% YoY; GAAP EPS $0.08
Net sales $23.8M, up 11% sequentially and 56% YoY; Microlab contributed $6.5M in the quarter.
RF Industries appoints Kay Tidwell and Jason Cohenour to board; Marvin Fink retires after 20+ years
Marvin Fink resigned from the Board on Sept 6, 2022, with no disagreement; he had served since 2001.
RF Industries Q2 sales up 94% to $21.5M; raises full-year revenue guidance
Net sales $21.5M (+94% YoY); backlog $27.6M; bookings $18.8M; current backlog $34M.
RF Industries completes Microlab acquisition for $24.25M; reports audited 2021 revenue of $17.8M
Purchase price $24.25M for 100% of Microlab from Wireless Telecom Group; closed March 1, 2022.
RF Industries Q1 sales up 69% YoY to $16.9M; raises FY22 revenue guidance to >$75M
Net loss ($0.03)/diluted share; non-GAAP net income $0.06/diluted share.
RF Industries closes $24.25M Microlab acquisition, funded by $17M term loan and cash
Completed purchase of Microlab (RF components business of Wireless Telecom Group) for $24.25M in cash; funded via $17M term loan and cash on hand.
Q4 net sales $21.1M, +38% sequential and +97% YoY; backlog $33.3M at Oct 31, 2021.
RF Industries acquires Microlab from Wireless Telecom Group for $24.25M cash
Purchase price $24.25M; financed with cash on hand and credit facility.
RF Industries Q3 net sales $15.3M, up 38% seq; backlog $31.5M; expects Q4 revenue growth
Net sales $15.3M, +38% sequential and +60% YoY; record backlog of $31.5M at quarter-end.
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