RF Industries (NASDAQ:RFIL) Announces Earnings Results, Beats Estimates By $0.05 EPS

RF Industries (NASDAQ:RFIL) released its earnings results on Monday. The electronics maker reported $0.14 EPS for the quarter, beating the consensus estimate of $0.09 by $0.05, FiscalAI reports. RF Industries had a net margin of 0.34% and a return on equity of 10.54%. The firm had revenue of $20.69 million during the quarter, compared to analysts’ expectations of $19.67 million.

Here are the key takeaways from RF Industries’ conference call:

• Revenue rose 9% year over year and sequentially to $20.7 million, while gross margin expanded to 35.1%, showing continued operating leverage above the $20 million quarterly revenue level.
• Bookings were $26.3 million, the company’s strongest quarter in years, pushing backlog to about $20.1 million and improving visibility into the second half of fiscal 2026.
• Adjusted EBITDA nearly doubled to $2.0 million, and the company reported positive net income of $879,000 versus a loss a year ago, reflecting better mix, pricing, and cost control.
• Management said custom cabling remained a major growth driver, while integrated systems was temporarily slower due to small-cell timing issues that they expect to improve later in the year.
• The company highlighted expanding momentum in DAC direct air cooling and edge data center applications, and noted it expects Q3 sales to increase sequentially with margin expansion continuing.

RF Industries Trading Down 3.4%

NASDAQ RFIL opened at $18.12 on Tuesday. The firm has a market cap of $195.88 million, a price-to-earnings ratio of 453.11 and a beta of 1.30. The company has a 50 day moving average of $15.68 and a 200-day moving average of $11.32. RF Industries has a 1-year low of $4.08 and a 1-year high of $20.00.

Wall Street Analyst Weigh In

Several research firms recently weighed in on RFIL. Wall Street Zen cut shares of RF Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 28th. Zacks Research cut RF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Weiss Ratings upgraded RF Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. Finally, B. Riley Financial lifted their price objective on RF Industries from $10.25 to $11.25 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $11.25.

Institutional Investors Weigh In On RF Industries

A number of large investors have recently bought and sold shares of RFIL. Vanguard Group Inc. grew its stake in shares of RF Industries by 5.5% during the third quarter. Vanguard Group Inc. now owns 391,659 shares of the electronics maker’s stock valued at $3,223,000 after purchasing an additional 20,536 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in RF Industries by 5.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 241,657 shares of the electronics maker’s stock valued at $1,397,000 after buying an additional 13,349 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in RF Industries by 58.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 212,439 shares of the electronics maker’s stock valued at $1,228,000 after buying an additional 78,144 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of RF Industries in the 3rd quarter valued at $1,651,000. Finally, Geode Capital Management LLC raised its position in shares of RF Industries by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 103,152 shares of the electronics maker’s stock worth $596,000 after acquiring an additional 2,718 shares during the last quarter. 23.49% of the stock is currently owned by institutional investors.

RF Industries Company Profile

RF Industries, Inc (NASDAQ: RFIL) is a manufacturer and supplier of connectivity products and solutions for the wireless, broadcast, cable television, data networking, defense and aerospace markets. The company specializes in both standard and custom coaxial and fiber-optic cable assemblies, connectors, adapters and test accessories designed to withstand demanding environmental conditions. Through its product portfolio, RF Industries supports applications ranging from RF signal transmission and satellite communications to industrial automation and instrumentation.

The company’s offerings include premade and build-to-print coaxial cables and assemblies, field-installable connectors, power distribution components and calibration-grade test equipment.