RF Industries Reports Results for Second Quarter of Fiscal 2020

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RF Industries (RFIL) Reports In-Line Q2 EPS, Revenues Miss

June 11, 2020 4:08 PM EDT

RF Industries (NASDAQ: RFIL) reported Q2 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $10.4 million versus the consensus estimate of $12.92 million.

Second Quarter Fiscal 2020 Highlights and Operating Results:

Net sales of $10.4 millionNet loss was $(184,000), or $(0.02) per diluted shareNon-GAAP net loss was $(73,000), or $(0.01) per diluted shareAdjusted EBITDA was $176,000Cash and... More