RF Industries Reports Sales Growth of 34% and Net Income Growth of 41% in First Quarter of Fiscal 2019
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RF Industries (RFIL) Reports Q4 EPS of $0.07
March 12, 2019 4:03 PM EDTRF Industries (NASDAQ: RFIL) reported Q4 EPS of $0.07, versus $0.05 reported last year. Revenue for the quarter came in at $10.6 million, versus $8 million reported last year.
Net sales increased 34% year over year to $10.6 million
Gross margin was 30%, the sixth straight quarter with gross margin of at least 30%
Net income increased 41% year over year to $640,000, or $0.07 per diluted share
Backlog of $10.6 million at January... More
