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RF Industries Ltd. - RFIL STOCK NEWS

Welcome to our dedicated news page for RF Industries Ltd. (Ticker: RFIL), a resource for investors and traders seeking the latest updates and insights on RF Industries Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RF Industries Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RF Industries Ltd.'s position in the market.

Rhea-AI Summary
RF Industries, (NASDAQ:RFIL) announced its first quarter fiscal year 2024 financial results, with net sales of $13.5 million, a 15.2% decrease from the previous quarter. The company reported an operating loss of $2.1 million and a consolidated net loss of $1.4 million. Despite challenges, RF Industries remains optimistic about future growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
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Rhea-AI Summary
RF Industries, Ltd (NASDAQ:RFIL) will release its first quarter fiscal year 2024 financial results on March 18, 2024. A conference call and webcast will follow to discuss the results.
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Rhea-AI Summary
RF Industries, Ltd (NASDAQ: RFIL) promotes Ray Bibisi to President, enhancing the organizational structure to pursue market opportunities. Bibisi's key role in operational improvements and strategic vision signals growth potential for the company.
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End-of-Day
0.92%
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management
News
Rhea-AI Summary
RF Industries, Ltd. and Subsidiaries released unaudited reconciliation of GAAP to non-GAAP net income for the fiscal year ended October 31, 2023. The consolidated net loss was $851,000 for the three months ended October 31, 2023, compared to a net income of $451,000 for the same period in 2022. Non-GAAP net loss was $68,000 for the three months ended October 31, 2023. Adjusted EBITDA was reported at $(108,000) for the three months ended October 31, 2023, down from $1,882,000 for the same period in 2022.
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Rhea-AI Summary
RF Industries, Ltd (NASDAQ: RFIL) will release its financial results for Q4 and fiscal year 2023 on January 23, 2024. A conference call and webcast will be held to discuss the results and answer questions. Phone replay will also be available for two weeks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
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conferences earnings
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Rhea-AI Summary
RF Industries, Ltd. (NASDAQ:RFIL) reports Q3 results: Net sales decreased 34% to $15.7 million, operating loss of $(2.0) million, consolidated net loss of $(1.6) million. Non-GAAP net loss of $(784,000). Adjusted EBITDA of $(940,000). Cost reduction initiatives expected to reduce operating expenses by $2.5 million annually. CEO expects increased carrier spend in Q4 and sees opportunity for market share growth with expanded product offering. Conference call scheduled for September 14, 2023.
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Rhea-AI Sentiment
End-of-Day
-21.89%
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Rhea-AI Summary
RF Industries, Ltd to release Q3 financial results on September 14, 2023.
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-1.82%
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conferences earnings
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-6.17%
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7.39%
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Rhea-AI Summary
RF Industries announces plans to roll out a new brand identity across its parent company and subsidiaries. The rebranding initiative will include a new logo, corporate image, and website redesign. The company expects to complete the corporate re-branding by the end of the year.
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Rhea-AI Sentiment
End-of-Day
2.36%
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RF Industries Ltd.

Nasdaq:RFIL

RFIL Rankings

RFIL Stock Data

31.91M
7.69M
21.45%
23.37%
0.01%
Electronic Computer Manufacturing
Manufacturing
Link
US
San Diego

About RFIL

rf industries is a leading designer and manufacturer of innovative interconnect products and complex cable assemblies across diversified, high growth markets including wireless carriers and infrastructure, and industrial. the company’s products include rf connectors, coaxial and custom cable assemblies, fiber optic cables, wiring harnesses. the company’s leading edge connectivity solutions are used throughout the growing and evolving wireless infrastructure. the company was named to forbes "100 best small companies"​ list. rf industries is headquartered in san diego, california with operations in new york, new jersey and connecticut.