RF Industries reported fourth-quarter net sales of $22.7 million, up 23% year-over-year and 15% sequentially. The top line beat consensus estimates by roughly 4%, driven by strength in both connectivity components and custom cable assemblies. Operating income climbed to $2.5 million, a 67% increase compared with the prior-year period, reflecting tight cost control and higher plant utilization rates.

Gross margin widened to 31.8%, up from 28.5% in Q4 of the prior fiscal year, as raw material sourcing efficiencies and production automation initiatives took hold. SG&A expenses rose modestly by 5%, supporting expanded sales efforts in key industrial and communications end markets. Adjusted earnings per share of $0.21 comfortably exceeded analyst forecasts of $0.16, marking the company’s third consecutive quarter of margin improvement.

Management reaffirmed its fiscal 2026 outlook, targeting net sales growth of 10% to 12% and a further slight expansion of operating margin to the mid-12% range. The company plans to invest $3 million in capital expenditures to upgrade extrusion equipment and broaden its test capabilities. With a robust order backlog of $18 million—up 30% year-over-year—RF Industries expects sustained momentum across telecom infrastructure and renewable energy markets.