RF Industries (RFIL) Reports Q3 EPS of $0.09

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Go back to RF Industries (RFIL) Reports Q3 EPS of $0.09

RF Industries Reports Q4 Income From Continuing Operations of $0.9 million, $0.09 EPS; Record Net Income of $5.8 Million, $0.61 EPS for Fiscal 2018

December 20, 2018 4:01 PM EST

SAN DIEGO, Dec. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced its financial results for the fourth quarter and fiscal year ended October 31, 2018.

Fourth Quarter Fiscal 2018 Financial Highlights:

Net sales increased 34% year over year to $12 million including sales from the recently sold Comnet subsidiaryNet sales increased 41% year over year to $9.9 million, excluding ComnetGross margin was 30%, the fifth straight quarter with gross margin of at least 30%Income from continuing... More