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 announced its first fiscal quarter results for 2023, revealing a net sales increase of 8.4% to $18.3 million compared to Q1 2022. The company reported a gross profit margin of 27.7%, up 360 basis points year-over-year, attributed to higher-margin sales from Microlab. However, it faced an operating loss of $(1.2) million and a consolidated net loss of $(1.2) million, primarily due to decreased sales to wireless carriers. The backlog stands at $24.0 million, and management expects sequential sales growth in Q2 2023, with improved profitability in the second half of the year.
RF Industries (NASDAQ:RFIL) announced participation in the 35th Annual Roth Conference on March 14, 2023. President and CEO Rob Dawson and CFO Peter Yin will engage with institutional investors for one-on-one meetings. RF Industries, a leader in interconnect products, serves diverse markets including wireless/wireline telecom, data communications, and industrial sectors. The company is headquartered in San Diego, CA, with additional locations in New York, Connecticut, Rhode Island, and New Jersey. For inquiries or to schedule meetings, contact RF Industries' investor relations.
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