RF Industries (RFIL) Reports In-Line Q1 EPS

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Go back to RF Industries (RFIL) Reports In-Line Q1 EPS

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

March 12, 2020 4:02 PM EDT

Declares Quarterly Cash Dividend of $0.02 per Common Share

SAN DIEGO, CA, March 12, 2020 (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 first quarter of fiscal 2020 ended January 31, 2020.

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, or $0.02 per diluted shareAdjusted EBITDA was $471,000Declared... More