Quarterly ResultJun 15, 2026, 04:13 PM
RF Industries Q2 Net Income $879K; Sales $20.69M
AI Summary
RF Industries reported a significant financial turnaround for the three months ended April 30, 2026, achieving a net income of $879,000 compared to a net loss of $245,000 in the prior year. Net sales increased by 9.4% to $20.69 million. The company also consolidated its business into a single reportable segment following restructuring initiatives, including manufacturing consolidation and headcount reductions, though net cash from operating activities turned negative.
Key Highlights
- Net sales for Q2 2026 increased 9.4% to $20.69 million from $18.91 million in Q2 2025.
- Consolidated net income for Q2 2026 was $879,000, a significant improvement from a net loss of $245,000 in Q2 2025.
- Basic EPS for Q2 2026 was $0.08, up from a loss of $0.02 in Q2 2025.
- Operating income for Q2 2026 surged to $1.098 million from $106,000 in Q2 2025.
- Net cash used in operating activities for the six months ended April 30, 2026, was $47,000, compared to $2.792 million provided in the prior year.
- Cash and cash equivalents decreased to $3.394 million at April 30, 2026, from $5.079 million at October 31, 2025.
- Interconnect revenue for Q2 2026 grew to $6.945 million (33% of sales) from $5.990 million (32%).
- Custom Cabling revenue for Q2 2026 increased to $8.427 million (41% of sales) from $6.494 million (34%).
Price Impact
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