Welcome to our dedicated page for Rf Industries news (Ticker: RFIL), a resource for investors and traders seeking the latest updates and insights on Rf Industries stock.
RF Industries (NASDAQ: RFIL) delivers cutting-edge connectivity solutions for wireless infrastructure and industrial applications through its RF connectors, custom cabling, and advanced cable assemblies. This news hub provides investors and industry professionals with essential updates on the company’s strategic developments and market position.
Access timely press releases covering earnings announcements, product innovations, and operational milestones. Our curated collection simplifies tracking RFIL’s progress in telecommunications infrastructure and industrial connectivity markets. Discover updates on custom cabling solutions, manufacturing expansions, and technology partnerships that drive the company’s growth.
Key content includes financial disclosures, leadership changes, patent filings, and industry recognition. The resource serves as a reliable reference for understanding RFIL’s role in enabling 5G networks, data center connectivity, and mission-critical industrial systems. Bookmark this page for streamlined access to RF Industries’ evolving story in global connectivity markets.
RF Industries (NASDAQ:RFIL), a national leader in interconnect products and systems, will announce its second quarter fiscal year 2024 financial results on June 13, 2024, following the market close.
The company will also host a conference call and live webcast on the same day at 4:30 PM ET to discuss the results.
To join the call, dial 888-506-0062 for the US and Canada, or 973-528-0011 for international participants, using access code 804483.
The webcast will be accessible live and archived on the company's investor relations website.
RF Industries (NASDAQ: RFIL) announced new large orders totaling approximately $4 million, including nearly $2 million for small cell solutions from a key customer in the Tier 1 wireless carrier ecosystem. These orders increased the company's backlog by 30%, reaching $21.1 million from $16.2 million at the end of the fiscal first quarter. For the fiscal second quarter ending April 30, 2024, net sales are expected to be $16.1 million, a 19% sequential increase.
The company expects improved gross margins due to increased sales, favorable product mix, and cost reduction efforts. CEO Robert Dawson highlighted the company's transformation towards offering advanced, high-value products and the momentum in key markets. Full second-quarter results will be released in June.
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