RF Industries Q2 EPS Tops by 56%, Revenue Climbs 9% to $20.7M
RFIL•RF Industries reported Q2 EPS of $0.14, beating estimates and generating $20.7 million in revenue (up 9% year-over-year) with a net income of $879,000 versus a $245,000 loss last year. B. Riley maintained a Neutral rating while the stock traded at $18.12.
1. Q2 Earnings and Revenue Growth
RF Industries generated $20.7 million in Q2 revenue, up 9% from $18.9 million a year earlier, and delivered earnings per share of $0.14 compared to estimates of $0.09. Gross profit margin improved to 35.1%, reflecting operational efficiency gains across its cable and connector product lines.
2. Net Income Turnaround
The company swung to a net income of $879,000 from a $245,000 net loss in the prior-year quarter, driven by stronger bookings and increased demand in wireless carrier and industrial markets. Improved cost controls and higher sales volumes contributed to the profitability shift.
3. Analyst Maintains Neutral Rating
Analyst firm B. Riley left its rating at Neutral with the stock trading at $18.12, indicating a hold stance despite the earnings beat. The rating suggests investors maintain current positions while monitoring future order trends and margin stability.
