RF Industries Swings to Fiscal Q4 Non-GAAP Earnings, Sales Increase -- Shares Drop After Hours

MT Newswires Live

01-16

RF Industries (RFIL) reported fiscal Q4 Non-GAAP net income late Thursday of $0.04 per diluted share, compared with $0.04 loss a year earlier.

One analyst polled by FactSet expected $0.06.

Sales for the quarter ended Oct. 31 were $18.5 million, up from $15.9 million a year earlier. One analyst surveyed by FactSet projected $17.8 million.

The company's shares fell nearly 11% in after-hours activity.

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