RiT Technologies Ltd. announced unaudited financial results for the first quarter ended March 31, 2015. For the quarter, revenues increased to $3.39 million, up 68.0% compared to $2.02 million for the first quarter of 2014. Net income was $18,000, or $0.0012 per basic and diluted share, compared with a net loss of $1.89 million, or $0.15 per basic and diluted share in the first quarter of 2014.

During the first quarter of 2015, the company benefited from the efficiency program which the company launched in 2014, which enabled the company to significantly reduce the operational costs.