Rf Industries, Ltd. ( (RFIL) ) has released its Q3 earnings. Here is a breakdown of the information Rf Industries, Ltd. presented to its investors.
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RF Industries, Ltd., headquartered in San Diego, California, is a national manufacturer and marketer of interconnect products and systems, serving diversified markets including wireless/wireline telecom, data communications, and industrial sectors. The company is known for its high-performance components such as RF connectors, adapters, and fiber optic cables.
In its third quarter of fiscal year 2025, RF Industries reported a significant increase in net sales, reaching $19.8 million, marking a 17.5% rise from the previous year. The company also achieved a gross profit margin of 34%, surpassing its target goal of 30%, and reported a consolidated net income of $392,000, reversing a loss from the previous year.
Key financial highlights include a backlog of $19.7 million at the quarter’s end and an adjusted EBITDA of $1.6 million, a substantial increase from the previous year’s $460,000. The company also noted a strategic shift towards higher value solutions like DAC thermal cooling and small cell products, which are gaining traction in new markets such as aerospace and data centers.
Looking ahead, RF Industries is optimistic about its long-term strategy to become a technology-solutions provider. The company is confident in its ability to maintain momentum and achieve its financial goals despite navigating an uncertain economic environment. The management is particularly excited about opportunities in new stadium and venue buildouts for major global events.