RF Industries Reports Sales Increase of 17% in First Quarter of Fiscal 2020

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Go back to RF Industries Reports Sales Increase of 17% in First Quarter of Fiscal 2020

RF Industries (RFIL) Reports In-Line Q1 EPS

March 12, 2020 4:35 PM EDT

RF Industries (NASDAQ: RFIL) reported Q1 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $12.4 million versus the consensus estimate of $12.4 million.

First Quarter Fiscal 2020 Highlights and Operating Results:

Net sales increased 17% year over year to $12.4 millionNet income was $26,000, or $0.00 per diluted shareNon-GAAP net income was $241,000,... More