RF Industries announces new orders exceeding $4M

RF Industries announced more than $4 million in recent orders across multiple customers in the North American wireless carrier ecosystem. The Company has recently received significant new orders for products including OptiFlex hybrid fiber, small cell solutions, and a $2.7 million long-term project for our DAC Thermal Cooling solutions from an additional customer in the Tier 1 wireless carrier ecosystem. With these orders, the Company’s backlog at July 31, 2024 stands at approximately $20.7 million, a 15% increase from $18.0 million at the end of the fiscal second quarter. In accordance with previous guidance, RFI believes third quarter fiscal sales increased sequentially versus the second fiscal quarter.