R F Industries Ltd: Quarterly report
RF Industries reported quarterly revenue growth of 21.1% and higher profitability.
Positive for the companyWhat the numbers say
Revenue rose 21% to $24M versus the same quarter last year (16% up on the previous quarter); operating margin widened from 3.6% to 7.3%; diluted EPS $0.12 versus $0.04; cash rose by $1.1M to $4.5M; diluted share count up 7.7% (dilution).
What happened
- Net sales for the quarter increased 21.1% to $24.0 million, led by gains in custom cabling and interconnect products.
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