RF Industries, Ltd. Reports Earnings Results for the Fourth Quarter Ended October 31, 2023
January 23, 2024 at 04:08 pm EST
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RF Industries, Ltd. reported earnings results for the fourth quarter ended October 31, 2023. For the fourth quarter, the company reported sales was USD 15.87 million compared to USD 22.99 million a year ago. Net loss was USD 0.851 million compared to net income of USD 0.451 million a year ago.
Basic loss per share from continuing operations was USD 0.08 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.
RF Industries, Ltd. is a manufacturer and marketer of interconnect products and systems. The Companyâs segments include RF Connector and Cable Assembly (RF Connector) and Custom Cabling Manufacturing and Assembly (Custom Cabling). The RF Connector segment designs, manufactures, markets and distributes a range of RF connector, adapter, coupler, divider, and cable products, including coaxial passives and cable assemblies that are used in telecommunications and information technology, original equipment manufacturers markets and other end markets. The Custom Cabling segment designs, manufactures, markets and distributes custom copper and fiber cable assemblies, complex hybrid fiber optic and power solution cables, electromechanical wiring harnesses, wiring harnesses for a range of applications in a diverse set of end markets, energy-efficient cooling systems for wireless base stations and remote equipment shelters and custom designed, pole-ready 5G small cell integrated enclosures.
RF INDUSTRIES, LTD. 
