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

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

RF Industries Reports Results for Second Quarter of Fiscal 2020

June 11, 2020 4:02 PM EDT

SAN DIEGO, CA, June 11, 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 second quarter of fiscal 2020 ended April 30, 2020.

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 cash equivalents were $14 million

Robert Dawson, President and CEO of RF Industries,... More